It’s a shame as they produced some stunning bikes. I was lucky to pick up a Motolite Exogrid off ebay a few years back and it’s a work of art. As noted above, they are nothing innovative, and ride no better or worse than a lot of other designs, but some of them are quite stunning pieces of engineering
One of the problems here in the UK is they never built up much of a reputation in the same way Turner or Intense have. They therefore never sold the volumes, and second hand prices are just grim – I’ve recently built up an alu Motolite for a mate with some very nice parts, and frame is virtually new, for £1500.
Sad, but in the current economic climate, you have to think there are too many manufacturers around.