Motelworks PAL - real kids bike for real kids!

We are all riding kids bikes, technically. And we are kids, at least a little bit ;-) But here is a real kids bike for the real kids out there. Do you have kids? This could be a rad Xmas present. Motelworks came up with a 12" kids bike called PAL for the smallest ones out there. Below are the specs and you can find more photos and details in Japanese on motelworks.com

Top Tube: 11.8 inch
Chainstays length: 8.8 inch
Head angle: 74.5°
Seat angle: 74.5°
Headset: A-Headset
Bottom Bracket: Euro Cartridge Sealed Bearing
Crankset: 3pcs 102mm
Pedals: Clear Black Plastic Pedal
Front & Rear Hub: 10mm Axle
Front & Rear Rims: 20H Alloy rim black
Brakes: Front & Rear, Caliper
Gear: Steel 30T × 13T Free wheel
Pegs: Aluminum Mini 4 pcs, knurling
Colors: 5 colors
Accessory: training wheels
Weight: 7.5kg
Price: ¥ 31,500 (tax included) = 300 USD