GoPed has a new product for bicycles. Its a 400 watt friction drive unit all in one tidy package. Comes with an 8Ah LiPo pack. Wonder how the friction drive will do in wet conditions? Going for about $799 as I understand it.
http://www.goped.com/Products/GoBike/default.asp
http://www.goped.com/Products/GoBike/default.asp