I was never a big fan of them and thought of them as the red-headed stepchild of the K family. Then I bought that one on Fleabay last year. Riding that in some canyons in SoCal and then up the coast certainly changed my feelings about them. Aside from having the turning radius of a Mac truck (I think BMW did that to keep the mirrors from hitting the fairing) they're a decent bike. I forget what the FD ratio is but it's taller and mine gets about 15-20% better mileage than other 4V Ks I've owned.
(http://home.comcast.net/~smithduck/tours/bmwr_k1/bmwr_pics/IMG_3343.JPG)