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I own the 2008 Version. I've ridden street bikes all my life and I'm now over 50. ( I say this to add context to my comments.)
The Gen II FZ1 has many outstanding qualities, but none more than it's predictable, confidence inspiring handling. This is truly a bike for all reasons. Commuting and city streets are no problem. The FZ1 is agile at 485 lbs wet with excellent brakes. Highway miles are comfortable and with 130+ HP, passing and fast is no problem. But where the bike shines is in the twisties. Mountain roads are a blast on the FZ1. Keep the RPMs up and you'll slice up corners like Valentino Rossi.
If you're looking for a pure touring machine, there are better choices
Don't expect more than 40MPG.
Scoresheet
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this is by far the best motorcycle I've ever had and Ive had everything out there from all the liter sport bikes over the years.I'm 55 years old and I still can run the thing all out with anybody on the road and that says a lot for the motorcycle.Ive changed the rear and front sprocket for a little more gear like the old R1's had.that made the thing simply fly through the quarter mile.almost broke into the nines with this gearing it has now-with some tuning and exhaust work I know I can make it run with anything out there naturally aspirated and apples to apples thanks Yamaha for such a wonderful machine.this will probably be the last bike I will need to buy WR
Scoresheet
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Bought new June 2008, I been riding V Twins for several years and liked them, but after riding this 4 cylinder I'am sold on it.This is the best all around Bike I have ever ridden and I'am 70 years old, owned 2 wings,honda 4's and you name it.I only wish this Bike had showed up when I was younger,down side to that is I might have killed my dumb ass.The Yamaha begs to ride it like you stole it Sweet is the best description I can come up with.Love it.
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I've owned and test ridden just about everything out there. This bike does everything SOOOOOO well. Accelerates RAPIDLY and the brakes are excellent. It's rock solid in a corner like on rails, but at the same time nimble enough to throw around. All this and comfortable as well. Great motor, great handling, comfort... everything I love in 1 motorcycle. Hats off to you Yamaha.