It is in Russian so I can't tell much about this monster, but that is OK. In this sort of situation words fail you anyway.
For a closer look without having to wait for the slow site to load take a look here.
Update: Now in Purple...
I think it looked better in black, but apparently the owner has painted the thing purple and yellow with some aluminum corrugated ducting. One can only hope that an errant can of brake fluid lands on it to bring it back towards the original aesthetic conception. Here it is in all ugliness:
For all those commenters who think I don't like this motorcycle - it is only posted here because it is great.