Buy a Kawasaki Ninja 300 for $4700 and go rip. It weighs 385 lbs 40HP with a full tank. It will not disappoint you. Or wait for the new soon to arrive Yamaha FZ-07 at $6500 and 395 lbs 75HP. Rips more. The RE is what it is and thank God for that. Enjoy it for what it is. The secret of life is knowing what something is, and more important, what it is not. Limits frustration.
Even a Honda Rebel 250 (yes I used to own one) will completely blow the Bullet away on the highway. But it sounds and feels like a sewing machine.
Firstly congrats! Another Enfield owner from Australia. Where you from? Perth here.
Having said all of the above though, I'll likely wait until the two year warranty is up and then start it on a bobber project journey.
Ace (a forum member) is working on developing parts that will greatly increase the horsepower but it comes with a large price and a complete rebuild of the engine (whenever he finally gets it ready for release).
Thanks for the tips Arizoni, I've been following Ace's work on the Fireball but know there are somethings to sort out for the EFI. Also, given i'm not that experienced on the mechanics I think the chance of doing the work or finding someone in Australia that can do the Fireball mod could be a long time coming yet and cost me through the teeth. All in at this stage is more about researching ideas for what could be on the to do list.
If I were looking to lower weight on mine I'd start by dieting, I love the bike for what it is.