BE CAREFUL! Grey market vehicles can be a real beatch to insure and almost impossible to find (resonably priced) parts for unless most of the bike was sold in the US market. There are also some strange rules with the grey market. Make sure that it is not a one and only type of thing (in case you want a Deauville, Fireblade, Pan European {or whatever the honda st is called over there} or something else cool and not sold here). Don't forget is still has to be "federalized" and that can be a real PITA! And if you live in a state that actually cares about that sort of thing (like Cali), you might own something you aren't allowed to ride! Personally, I wouldn't do it. Back when there were no real dual sports (except the Beemers), I could see it, but now, there are several choices...why bother? I know, I am trying to make a bike acquisition a logical thing, I know better...