I like the design of the bike. The back wheel has two positions, one fixted and one slotted for when you put the chainset back on. Also the frame gets higher when you put the wheel in the Chain position. The seat is nice too, a long seat that still can be rased up when you need it to.
But £175 for a bike for an under 5 year old! I got 2 bikes that do totally the same thing for just over half that! (But they didnt look as nice.)