No. Looks like a deathtrap to me, and for that size, it should get 100 mpg. I'd either go with a Honda Civic, or a diesel, if I wanted high MPG. Personally, I'm more interested in safety than mileage, and lean towards heavy rather than light.
The Smart car looks positively huge compared to this car,
http://www.youtube.com/watch?v=Mio5fTKqWgMI'm affraid its all relative when it comes to size.