there are quite a few bikes out there that have been vinyl wrapped and actually in good taste. I don't want to bother with the linking up a photo, but check out the vespa p200 (google ramones vespa) and it shows up. I have seen the bike in person and it is done well. Wraps obviously do not last as long as paint but they can work. It is important to note that applying wrap requires quite a bit of prep work to do it right, and most of the time it is about the same as prepping for paint.