Thank you for your replies everyone!
I think I've talked DH off the ledge - he has agreed to ride the hybrid for a while and we'll see how it goes. He may need to spend a little money on gear but he is already fairly well prepared b/c he used to bike to the train station in our previous city. (That bike is long gone, however)
He works in a super, extra secure office, so he probably will be able to park an expensive bike there - but still.