I've demo'd both bikes and strongly prefer the Multi. It's much more nimble in the corners. The V-Strom did nothing special for me in any area.

Note that both the Multi and the V-Strom are rumored to have updates pending for 2007, so it may be wise to wait a month or so for all the 2007 model ...

I recently demo'd both bikes (1000s and ST3s) and liked the Multistrada more. The ST3s seemed like a great SPORT-touring bike. Very comfy and composed, but less flickable. The Multistrada was a more fun, engaging ride IMO.

So the MTS "S" sits firmly entrenched at the top of my "short list". Just ...