I don't think this system is meant to be a substitute for having your own bicycle. I own 3 bicycles, but I still plan to use BIXI when it comes to Toronto, for a whole bunch of reasons.
1) I don't have to worry about locking up my bike or if it starts raining I can leave the bike and hop on a...
The system will be built on investment by the Public Bicycle Systems Company (BIXI) (approximately $10-15 million I believe) and they will make their investment money back from user fees. If the system is used widely, they will expand it by investing more money in it (at no cost to the city)...