folding side mirrors have been common on Honda's for quite some time.. my '96 Integra has them my '86 Prelude had them..so they go back a bit.. very nice to accomodate the rude people in parking lots who might otherwise damage your mirror.
Note sometimes the mirror gets stuck in an odd position from being rammed by some careless person, don't worry, it is easy to move by.. when i first saw my mirror out of wack many moons ago i thought i would be sick.. then realize humm it moved right back into place.. whew!
In Japan, the streets are very narrow. So it's popular to have folding mirrors that can be electrically closed while "on the fly". The very narrow and confusing streets is why i usually take the subway or taxis while in Japan.
Actually Penguin, I don't have an Element yet. I don't have a way to pay for it. I'm going job hunting in August so I hope I get something. I would have gone hunting last month but me and my parents are going to our cottage in July.
Plus I only have my G1 (beginners).