IKEA bike! $399, aluminum frame, belt drive, mechanical 160 mm Tektro front brake, Sram automatic two speed/coaster brake rear hub. The really neat part is the belt drive, which they imply is low maintenance.
There are a lot of accessories available, including a trailer, front and rear racks, panniers, lights, a pump, and helmets. It had lots of adjustability built in for different body types, and IKEA says it comes in 26" and 28" sizes, but I have no idea what that means. A neat concept to be sure, and time will tell how successful it is.