Looks like it's about to snap in two...it might be better engineered than it looks, but it really looks like its sagging in the middle.
Also, and I know this is just my opinion, but some people need to take a step back from the rattle can flat black paint jobs. While I admit they do have their place, on certain pars, bikes, etc...but there is nothing eye catching about a whole bike rattle canned flat black.