I always thought the horsepower argument didn't make a lot of sense for the last couple generations of bikes (Once the nanny-aids got to the point that they can tame the power of pretty much any bike). If the high hp mode is scary or exhausting then dial the power back.This is a very rational and logical response to the new streetfigher. In saying that, I still really want one but will probably wait till they are more affordable second hand.
I rode my Streetfighter 1098s at the track for the first time last weekend, and though I was slower than my MV Agusta F3 675, I had a ton of fun even though the long straights were hard. I think the its main selling pint is how ludicrous it is and looks like an absolute weapon. Does it make sense.....probably not, but from all accounts most dealers have sold out of their initial allotments of them next year and there are waiting lists now.
Many riders never use the full power of these bikes on the street, and even more riders really only use it occasionally (for a second or two in a straight line as they hooligan up an onramp or something like that). Does that mean they should have bought a lower hp bike?... maybe... maybe not. There are a LOT of reasons people buy bikes, and performance is only occasionally the top factor. If you buy the bike strictly for performance but don't ever use it then you probably would be happier with a bike better suited to your actual needs... but how often does that happen (probably not very)?
The V4SF is (IMO) not as pretty as the older streetfighters... but it IS pretty. While I've not seen the breakdown of components yet it REALLY looks like it's almost entirely a Pani in a skimpy outfit. So... a more street friendly superbike... that will appeal to many riders.
Ride what you like and don't worry about the commentary... just ride.