I am looking at new bikes too, but I am keeping my 2004 Gen 1 owned from new.
Looking at ZZR1400, K1300S or Tiger Explorer, new 1200GS or Trophy, 1200RT.
I think I have discounted the last two as they seem so large, but will have a test ride. I am still not sure I want a Clitoris pretend off roader, but want a proper test ride to convince myself either way. My heart says 2012 Green ZZR 1400, but my licence says forget it.
Good luck with the new bike, I really like the Tuono but I need more wind protection at my age
I had the same decision - what could replace the Fazer 1000? I tried a lot of bikes, from the Ducati MonkeyStrangler to the Tuono V4 to the Z1000SX, but only one really moved me. The ZZR1400. It's very nearly as usable as the Fazer, with bar risers it's just as comfortable, similar tank range and apart from BMW S1000RRs, not a lot can keep up with it.
It is different though. The Fazer is a hooligan machine, all revs and very chuckable, but the ZZR is cool and relaxed and it feels like a flagship product - very polished and up market. And with a bit of a reflash of the ECU will chuck 212bhp to 220bhp at the back wheel, depending on which dyno is used. Weird thing is, it does 50mpg at 95mph and the tyres last as long as a much less powerful bike (depending on make) so until the 26k service, it's as economical as a Fazer. And then at 26k miles you get the valves done and it's 800 quid....
Don't worry about the license thing though. Once you've got over the honeymoon period, it's a pussycat. You just kind of waft around rather than screaming it and you still blow everything into the weeds.
PM me if you want to know more or get onto the
http://www.zx14r.co.uk forum. Which just like this one, very friendly and helpful.
And do keep the Fazer! At 28k it's only just run in...