So if I understand this correctly, it uses the downwards force on the wheel when pushing down on the pedals and converts that into rotational force on the wheel. Now, because of that annoying thing called conservation of energy, this means that you'll have to put this energy into the system by pushing down harder. I guess this translates to a feeling of sitting on a spring. That doesn't sound like very efficient peda…
Pretty smart if it's so, and depending on road conditions I actually see it as having noticeable effect. Especially considering how crazy people are about upgrading their bikes.