It took a while, but I finally got motivated enough to get my bike ('07 SVK) out to the local race track. Some friends I met through Facebook were going and had an extra spot on their trailer so I decided it was now or never as it wasn't going to get any cheaper or easier to go. The price for the track day was $120, though I elected to rent a transponder which cost another $40.
I WAS a nervous wreck the night before and wasn't able to fall asleep as I'd been away from the sport for 12 years, I'm approaching 50, and had no clue how I, or the bike, would do.
As it turned out I needn't have worried as I got back up to speed within a couple of sessions and continued to drop my lap times until I ran out of gas (figuratively and literally).
I have revalved forks (Race Tech) and just put a penske shock on the rear. I would say the biggest immediate difference I notice with the Penske was how much smoother the bike seems over any bumps or road irregularities. It would have been nice to compare my before and after times at the track but haven't been out there before with the stock suspension. Though I was planning on fiddling with the suspension throughout the day I ended up never touching it as the bike was working fine for the lap times I was turning. It may not track as well as a GSXR and isn't as fast as some of the latest hyperbikes but did very well never the less. I was getting pulled down the straight by some of the open classers (lots of R1's, GSXR 1K's, BMW RR's etc) but had plenty of grunt everywhere else.
My times for the day would have placed me in the fast intermediate crowd, though I could probably pick up another 4 or 5 seconds just as the bike now sits. I'll need to get some shorter pegs as unless I was leaning way off the bike they would occasionally scrape through the tighter turns. I suppose I could also raise the rear a bit. Rear sets would be an obvious solution but my legs are already folded up enough (plus at 300 bucks they aren't cheap!).
An aftermarket pipe would be next on my list as I could probably lose 20 lbs with a 2 into 1.
I put some Vesrah brake pads in the front the day before heading out to the track. These weren't the top of the line Vesrah brakes but I was 100% happy with them..great initial bite and no fading (as opposed to the stock brakes). The tires I ran were Dunlop Sportmax Q2's. I've been using these since I bought the bike and have never had a problem with them and experienced zero issues with them at the track. They warmed up very quickly and offered plenty of grip at all lean angles.
SO overall it was a great day and I beat my best time on that track from 14 years ago by a couple of seconds. Of course it's been 3 days and my legs still feel like rubber bands!