The venting concept seems to be very cool and we are looking forward to testing it. The front is totally closed and the air comes in through the large openings on the sides. Antec wants to keep larger openings facing away from the user to keep noise down. The side panel has another large fan installed with the opening angled towards the back - again to keep noise from projecting at the user. The top has a 200mm fan that exhausts most of the air from the chassis. The back sports another 120mm fan at the height of the CPU to help exhaust air.
Antec installed three hard drive cages, each supporting three vertically mounted hard drives. The bays are easily removable to the front. (Please note that the fan on the one picture of the drive bay is installed facing the wrong direction). The inside of the chassis is all black.
The case is expected soon for around $200-250.