Since I was reviewing my bike for another forum, I will copy it here...
I've been taking the Oyama St James on the train for the last 3 months. It's been an excellent purchase for the price, although it clearly falls below a Brompton in quality.
Build quality seems fine (I guess similar to a Dahon). Some of the welds are messy, but the hinges are smooth, with no play or misalignment. I worry a little about getting replacement parts if one of the catches breaks (the catch adjustment depends on an M6 thread with a lot of extension force on it).
The folding pedals are ok if you don't mind flat plastic pedals. The bottom bracket has adjustable bearing cups and headset is threaded -- I've adjusted both these bearings since buying the bike. One of the dustcaps on the crank fell out and got lost. Mudguards and rack are metal, well made and solid. Kickstand is the correct length and makes folding easier. The unbranded v-brakes have stayed correctly adjusted and the Alexrims DA16 rimmed wheels are still true. I changed the tyres for Schwalbe Marathon Racers but I don't think this was really necessary (I've still got the original presta valve tubes). Axles are nutted and the hub gear and magnetic catch on the nuts add extra steps to removing the wheels (I don't bother carrying tools and expect to fold the bike and take it on the bus in case of breakdown).
The matching trim on handlebar grips and saddle is a nice touch (although I swapped the saddle).
Folding is easy. I unfold quicker than Brompton users on my train, probably because the catches don't need screwing up. The handlebar folds between the wheels, and the wheels link with a magnetic catch. In order to get the brake levers to a comfortable angle I had to replace the long M5 screw that forms part of this magnetic catch with a longer one to make more space between the wheels. I've noticed on someone else's bike that this screw can get bent as it sticks out quite far. There are a couple of places where the frame rubs paintwork when folded (stem against down tube, brake lever against chain stay), the plastic stickers that were supposed to protect the frame came off in the rain so I replaced them with silicone sealant. The bike folds without having to remove lights.
Steering is a little twitchy as the stem has no reach. I don't find it much slower than any other bike for hilly stop-start urban cycling (13th out of 90 people on Strava for my ride into town).
Weight is fine for lifting the bike to a waist-high luggage rack on the train (so should be ok for putting in a car boot).
I have the larger 20inch model but need the seatpost at full extension (for comparison, my Pompino is the 51cm medium size). Lots of height adjustment in the bars (but no reach, and no scope to change this).
The rear rack carries an Altura Urban 17 briefcase pannier without heel strike. The rack is really solid and clearly made to fit the frame (the stays are not adjustable at all), I've taken 15kg on it. You could possibly put an SQR block on the folding stem or use a handlebar bag bracket to carry luggage up front, but I think the handling would be terrible. You could fit an Carradice SQR bag or saddlebag, get rid of the rack, and probably fold the bike without removing the bag.
(I bought it at http://www.jejamescycles.co.uk/oyama-st-james-item173258.html)