Here's one of the first photos that clearly shows how the folding top will stow behind the rear seats on the upcoming MINI Convertible. From all indications the top will be a pretty unique folding roof design that doesn't take up passenger space or room in the boot. Even better it manages to fold down to something smaller than the hump that you see on the New Beetle convertible. You can see another view here. Also of interest the boot actually folds down like a standard tailgate a la the original Mini.

Also evident in this photo is the placement of the third taillight in the chrome beltline that surrounds the car.