> Belt drive - I can't see much advantage to that.
Maintenance-free, always as efficient as a properly lubed chain, clean, and quiet.
They are fantastic for commuter bikes.
> cheap V brakes would be fine
Disc brakes are unaffected by wet/muddy rims.
> This seems to have the cheaper cable pull disk brakes
Mechanical disc brakes are perfectly fine for road bikes. They require less maintenance, too. They are very simple.
> 2 gear system - hardly worth having only two gears in my opinion.
IGHs also require less maintenance than a derailleur. 2 gears isn't much, but I'd rather take that than a single-speed one.
I would have preferred a manual 5-gear IGH, though.
Maybe it's just because I am a bit of a bike snob with a fairly decent mountain bike, but I thought this looked pretty expensive for the type of riding it would be used for.