I can't speak for all, but I suspect it was considered "neither fish nor foul" sort of like most Buells.
The traditional air-cooled Harley owners couldn't identify with it - liquid-cooled, OHC, high suspension and seat height.
The sportbike crowd dismissed it as a heavy Harley in mild sport dress.
I like it and am buying one for a future project bike in American Iron Magazine. Let's see what we can do with it and how our readers react when it's in print sometime in mid summer 2008.