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Saw one today at GBM. I had asked the sales guy to pull out a VFR so I could sit on it. The SV was right in front of the VFR and he had to move it.
For some reason I looked at the new SV and without even thinking recognized it as a bandit. Maybe it was the tank or something.
The new frame makes the bike look bigger from the front/side I think. The tank looks smaller from the rear. The tail looks *horrible*. I never cut the fender of my SV, but I would cut it immediately if I had an 03. (Reminds me of some of the awful Buell tail sections) I don't think I'm crazy about the new instrument cluster either, even though it sounds like it is functionally better, and it probably won't break in a crash like the 99-02 instrument clusters.
It really looks like a totally new bike. If you took the stickers off and never told me it was an SV I wouldn't recognize it.
All that said after riding back from the Gap I am craving a bigger bike (physically, not power-wise) and I think I'm going to consider selling my SV to try and get a VFR... If I could only find someone to go riding with and swap bikes for a few miles.
Ben