The color captivates me. I want this bike! Did you take any other angles? It seems as if you took this picture in a bike shop. The front tire's angle is a bit distracting for some reason.
I like how the diagonal angle of the bike fills the frame. I agree about the Zigomar shot - what this is missing is a touch of red, but without comparing, this stands on its own quite well. The lensbaby really does lend itself to a mood and a sense of dreaminess. I dig it.