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Looking at bike specs, options, available machines, etc I managed to completely space on a bike that was right in front of me, a GS500E that needs some electrical cleanup but is otherwise clean. Did I mention my strengths include electrical?
The EX500 is liquid cooled, and sports a 4v top end, but looking at the specs all that fancy stuff doesn't really seem to make it stand out as significantly more powerful than the GS500 motor. (51hp vs 52hp mfg rated, still looking for usable rear wheel dyno data.) The GS has more ground clearance, wider wheels, and more suspension travel over the EX, and looks to be a few pounds lighter. It has less rake and more trail to boot.
The downside - No fairing, dunno how much that'd hamper things. The GS500F fairing will bolt up, but thats technically a different model so I dunno as that's kosher. Airtech makes a fairing kit as well. Plus in the UK Suzuki had a factory kit available, if that's legal?
Worst case, I'll be an underdog and will really have to outride people in PT, making for good racing, and thats what it's all about, right?