Nice. I spent a long time looking after taking the MSF course and never ended up buying due mostly to low funds. I was also torn between buying a cruiser or, incidentally, an SV650. I decided to split the difference and get a UJM. Definitely the most bang for my buck and I could probably ride it all year and then sell it for what I paid.
I paid $1300 for it when I bought it and then sold it about a year and a half later for $1500. Granted I put about $1000 into it, new exhaust, rebuilt the carbs, valve adjustment, new clutch, went through the braking systems completely, cleaned up and replaced some damaged shiny bits, new tires and battery. Still, it was a fun bike to ride and fixing it up was also kind of fun...kind of wish I could have kept it but oh well.
The guy I sold it to painted it mat black and put these black rectangular mirrors on it...completely fucked up the look of the bike IMO but hey, it's his bike now.
The SV650 is so much better in every respect than that old Honda. Better chassis, better brakes, better power, substantially lighter weight. I'll always have a soft spot for old Honda motorcycles though. Wouldn't mind picking up one of the SOHC CB750s from the early to mid 70s. A friend of mine has a '74 CB750 Super Sport that is a blast to ride.
It was kind of fun having 2 bikes at the same time.