While not technically Steampunk, I think this definitely qualifies as being both whimsical and magnificent!
Who hasn't wanted to pedal off into the skies on ones winged penny farthing wot?
The grace and sense of elegant design in action of this enormous yet fragile machine is a palpable demonstration of the technical creative spirit of Steampunk.
In my humble opinion of course!
Keep your sightglass full, your firebox trimmed and your water iced.