R1 forks are not ideal any way as thay are a lot shorter than the fazer and as the bike is lighter the spring rate will be wrong . how far you want to go how much do you want to spend also remember upsidedown fork set up is a lot lighter than stock and will up set the weight balance of the bike pushing it closer to the back so you would have to adjust your riding stile to suite also any mod is pointless unless your going to keep the bike as you will lose money on it , unless ofcorse you have money to burn .