that's a really good idea! how is it paid for? (so idiots don't steal them) do you swipe a card to release them and swipe again when you return, or what? <curious>
Yeah, that's pretty much how it works; you get a card, either short-term or long-term, that involves either giving a bank card number (short term) or check (long-term) for 150EU as a caution (they don't cash it unless you take a bike and don't return it), and then you beep the card to take a bike out. When you return it you don't have to do anything; the little gizmo you hook the bike up to beeps to acknowledge that you gave the bike back.
They are paid for and installed by a private company (JC Decaux, the multi-national advertising giant) in exchange for access to 1000s of extremely valuable advertising sites at bus stops in the city. They also travel around and fix the bikes as they become damaged, move them when there are too many in one place and not enough in another (as happens regularly in hilly parts of town), etc. The bikes are really heavy, but solid and functional, with most of the moving parts hidden to deter theft.
As mentioned in this article in le Monde about some of the troubles Paris is having with their velo arrangement, a similar system is coming to London in 2010 (it's only in French, sorry):
http://www.lemonde.fr/technologies/...us-caution_1030300_651865.html#ens_id=1021389
We are very proud of our "Velo'v" here, which is slightly different than the "Velibre" in Paris. Even if Parisiens won't admit it, Lyon was the first city in Europe to do this on such a large scale, and it's been a huge success; there are enough stations and enough bike lanes now to pretty much go anywhere in the city quickly and safely. Combined with a good subway, an above-ground tramway and a huge bus network, you can get anywhere in the Lyon urban area (about the size of Baltimore or Tampa in the US or Leeds in the UK) without a car quite easily. My wife and I have a car, but it's for vacations and moving heavy things only.
[wait, did i just say 'we' in reference to a city full of french people? have i lived here long enough to start BECOMING french?? WHO AM I?!?!?!?]