Hi Toad, My daughter has an LS650 and she loves it, so much so she painted it pink over white with black tiger stripes and calls it Lilly (Savage). The only problem she had was a couple of teeth missing off the starter ring behind the rotor, probably caused by a previous owner trying to start the bike with a low battery, causing the engine to backfire and loading up the starter gear. She ran it like that for a while until the charging system stopped working, so I opened it up and found a gear tooth had buried itself into a coil causing a dead short. I shorted out the coil, fitted a new starter ring and it's been running fine ever since, I even picked up a new stator unit from Ebay, and it's still in the box.
She loves riding the LS650, being a long stroke engine it plods along and the 4speed box is sufficient to cruise at 70-80 mph.I have fitted a loud silencer and rejetted the carb to suit and it runs surprisingly well being so light. She has even taken her boyfriend out on the back......
happy riding
Dave