I love it, but then I love ratbikes. I've owned a couple. Had one, an '81 Suzuki GS750L, that didn't even have a tank. The original tank had rusted out, so I built a sort of luggage rack, converted an air tank to a gas tank, and mounted it to this rack. I tossed the original tank. It also had a cast aluminum tractor style seat off some kind of playground equipment, with a couch cushion strapped to it, and a lot more. Wish I had a picture of it.
That bike actually looks like a lot of fun, except for the seat. It would be perfectly legal to ride around here. It even still has all the brakes. My state only requires a motorcycle to have one brake, can be front or rear.