So thus far there have been a few speculations about what yamaha was thinking when they introduced this bike. Mainly
1. They were aiming at new riders and women that want a little more adjustability and a bike that is a little more tame. . . thus competing with the ninja650r and sv650, and the versys, and the gsx650 and the likes.
2. They are trying to introduce a replacement for the YZF600R or the R6S.
If #1 was their aim then I think they would have done much better to include the adjustability and the more tame ride, but with some weight loss and some styling that is not so quirky. If I'm a brand new rider (and I am pretty new to streetbikes but not to 2 wheels), and I want a bike that offers me some comfort and inspires confidence at low and high speeds alike, then I am ok with the power cut. However, I want it to be lighter and I don't really want my bike to make me look like a Rossy wannabe while I try to figure out how to put the sidestand down. With that angular faring and odd headlight and faux supersport look I don't think this bike will make anyone happy. The people who like the look are going to want higher end componentry and higher power to wt. To fit this niche they need to give it a diet, high end componentry, adjustability of seat and bars, a tank with some range, and skip on all the glam-supersport-poser crap. This targeted consumer needs to be presented with a sport bike that maintains it's sport personality without posing, skimping on quality, or copying the MO of 4 other bikes by other companies.
If #2 is the goal, then this bike is so far off the mark it isn't even funny. The R6S would mop the floor with the FZ6R in every category and (imo) looks way bettter.
As is, this bike should be cheaper. That would make it ok.
These are just my thoughts. To each his own.