A good bike, to be sure. But I think it's important to note that for me, and others like me of which I think there are plenty, the KLR fits a specific set of purposes. Those being; 1. Cheap, 2. Durable, 3. Ubiquitous, 4. Jack of everything. So I took my 98 KLR (which is exactly the same as the other billion KLRs sold during the Gen 1 period) , did a little carb work, suspension work (500lb rear spring, Racetech emulators/springs in forks), 14 tooth sprocket (but I carry the 15 tooth if I am gonna run on highways a long ways), Seat Concepts seat, full knobbies, home made luggage rack and 20 mm ammo can bags, and it's a great bike. Utterly bulletproof and is the exact same bike from 87 to 2007, so parts are every friggin where. It starts every single time, without fail. And if the battery is totally flat, since it's a Gen 1 will push start. So I'm not saying I dislike other bikes, but this bike is pretty perfect for me. When I crash, and I do, I really don't care about dents, scratches, etc., and if I had a prettier bike I would. And I don't think I have more than $3000 in the bike since I got it. And that's counting tires, gas, and add on stuff.
So the Pegaso/F650 are cool bikes, just not sure they fit my need. And for power, I have the C14. Funny thing though, the KLR is more fun with 1/3 the power than the C14 any day of the week.