Oh, it is... It rides like a dream too. I'm trying to take it easy (break in period) but this baby has a whole lot more power than I'm using right now. And at 45MPG I am not complaining! I ran 67 miles on 1.5 gallons.. it holds 4.
I figure if I take it to work (only a 5 mile commute) I can save about $25 a month in gas (minimum) - that's half the payment! Not to mention the sheer thrill of riding it...