Get the HF platform lift. You will not regret it. Coupon in Rider magazine and elsewhere for $299. Will handle the K bike easily as I currently have my Yamaha Venture up on it (900+ lbs in its current configuration). I won't even notice the K bike being on there.
Worked for years with only a jack and then got the lift. Wish I had gotten it years earlier. Lower it down to get to the top of the bike (fairing, tank, seat, etc.), lift it up to get the engine and below. Drill a couple of holes along each edge and mount some tiedown screw eyes at the front and the rear. That will allow you to tie down the front and lift the rear (back tire removal, final drive service) or to tie down the rear for front wheel service.
I would suggest also picking up one of the small $29 automotive style floor jacks for auxiliary lifting as described above. Also, if you will be loading they bike on the lift by yourself, I might suggest upgrading the front wheel clamp to the ride-in style. It will hold the bike up while you tie it down.