I'll have had mine 4 years this summer, it's a 2001 brought secondhand off eBay. It's the most reliable bike I've ever had and I've had lots of, and still own a Honda. Only fault in almost 4 years and nearly 20K miles has been a rear brake light switch, but that's to be expected as I ride all year round and it gets gummed up with crap, so should have cleaned it more often. Andy has been very honest in his list, but please don't expect to see all those faults!
I rate mine as the best bike I've ever owned in 40 plus years riding bikes as well as the most reliable.
The seat is a bit hard and does not look comfortable but it seems to suit my rear end pretty well

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My old CBR1000F has a really soft comfy seat, when you first sit on it but after 120 miles or so it gets a bit more uncomfortable, and you sort of need to get comfotable again when you get back on again.
The Falco feels hard at first but if anything seems to get better as you ride it.
If unhappy you can get a gell cover or even a replacement seat, but try it first and see if it suits you as standard.
As for wind protection, I have problems with naked bikes at my age, as the windblast hitting my shoulders sets my Arthritis off and gets very uncomfortable. The wind protection on the Falco is not as good as the old CBR thou, which is probably very similar to the BMW you considered, but I never find it a problem, just a bit less cover around the hands.
I have a double bubble fitted, and think it helps and looks better, others don't like the looks as much and prefer the standard, which has a bit of a double bubble and a flip up anyway, so also works quite well, so you may be surprised.
I find the Falco to be comfortable enough for me, I'm a 5'9" old fart with more of a gut than I should have.
Only time my wrists get a bit tired is when in busy traffic, soon as you get some wind on your chest it's fine, but again some younger than me have fitted variobars.
Will be much better than any race rep comfort wise whatever size/shape you are.
It's a great bike and as fast as most things, except the very latest litre bikes, on normal roads. I've never seen a bad write up, the best one was probably the one in Bike Magazine by Mike Armitage, think there is a copy somewhere on here, if not I'll see if I can find a copy and let you have it. He rated it very highly and probably the most underated bike of all time.
Buy it, you'll love it, it's different and has bags of character, although will take a little while to aclimatise to after a Jap IL4 or similar.
Can't get eBay here at work but if it's the bike I think I saw it looks good and with just 2500 miles on the clock it should be a great buy and thousands cheaper than the BM.
Prices are lower than you might expect but still seem to hold up well.
Go for it!