I personally would not have given that much for it, because I know what it will take to fix it, and I wouldn't put that kind of time and money into a Gixxer--- not because it's not worth it, but because it's not worth it to me.
"There are three things all wise men fear: the sea in storm, a moonless night, and the anger of a gentle man." Patrick Rothfuss
'03 Moto Guzzi California EV 1100
'82 Kawasaki KZ750m CSR twin
'82 Virago 920
'81 Kaw KZ440B