Kind of takes the Yeti thing to a whole new realm (at rear axle). Personally, I'm not too keen. For me, it has no elegance (as good steel frames do) and has none of the ruggedness of good alu / interesting 90's downhill frames.
For me, it's a particularly bad design because I don't look a the bike as a whole - just at that ruddy stupid loop on the back. Removes all sense of purpose from the frame, and that's what I find appealing in bike frames (which is why I love the first Breezers - raked top tube and pure purpose *drool*)