I really don't like it at all, but the body shape is the worst part for me - especially those sharp corners on the horns. It looks like someone rough-cut a Strat body blank then decided to leave it unfinished. Then they took a photo and stretched/morphed it around in Photoshop.
Having said all that, I think the shape would look a lot better on a bass guitar.
The only Steinberger I like is the original cricket bat shape, that was a truly innovative design. I used to have the cheapo Spirit version, which was quite good. I felt uncomfortable carrying it around, though, because in the gig bag it looked worryingly like a rifle.... I was afraid of being gunned down by some trigger-happy cops on the Tube. :?