I bought a new 2006 Sv650s sports, meaning it's got full fairing and a rear seat cover. I use it for for commuting to college and back every day in all weather, then used at weekends for fun.
Although the bike is standard(apart from a Meta alarm, R&G crash bungs and bar ends), restricted to 33bhp and I have only 4 months experience on a big bike, when I took it to a track day it was very good and easy to ride. The suspension set up was perfect at standard (I weigh 9 stone)and it was easy to take into the corners. However, the restrictor meant I was being overtaken on every straight going flat out, and the standard tires failed to impress me, especially in the wet and under heavy braking.
That said, the Sv is perfect for commuting, and in the 4800 miles I've done on it in 5 months, nothing has gone wrong. That is apart from soon after I had a Meta alarm fitted, the bike had starting difficulties to do with the elecrtronics and re-wiring which were soon fixed.
Ride and handling: perfectly set up for my weight and riding style and versatile enough to accomodate my larger dad comfortably.
Equipment: I agree with the MCN verdict; everything's there, and works fine, but suzuki haven't gone over the top where equipment is concerned.
Quality and reliability: nothing has gone wrong with the standard bike, just the Meta alarm difficulties.
Value: great value for money so far.
Engine: restricted but enough for commuting and weekend riding.
Strengths: Fun, good all round bike, comfy commuter, lots of good aftermarket parts, easy to ride even for a big bike noob like me.
Weaknesses: standard tires aren't amazing, restrictor kills the top end power, standard brakes are good but not great, no off road capabilities ;)
If you're thinking of buying an Sv, I hope this review was helpful, and I would definitely recommend it!