I know it's a microlight, but this looks exciting (Dyn Aero MCR01),
Not necessarily. Rod1 will be along in a little while to enlighten you fully. While one variant of the MCR01 IS a microlight then other two variants are not - they are SEPs.
I'm also pretty certian that none of the varients of the Kitfox are microlights.
As the others have said there are very few certified types with folding/removable wings, nearly all of them are on permits and so not allowed to fly at night or in cloud.
Brooklands