i have just swapped from a 2000 GSX1300R Hayabusa to a 2005 KTM 625 SMC LC4 with 1,200 miles on it and after riding it a while i still smile every time i get on it, its not a long distance bike but if smiles is what your after you won't go far wrong..
Having now done some 500miles on my bike i still love it to bits, the service is cheap comp to my GSXR but it screws tyres like i drink water!! if you ride it hard it will do a tyre in under 500 miles!!!
but you will smile so much you will get flyes in ya teeth! and jaw ache lol.
in a word if you want FUN then you can't go far wrong, if you want style you can't go far wrong if you want to ride all day....... pick something else!!!! but £ for £ you will love it!!