I started on a true starter bike, the Buell Blast. Those things aren't meant to last beyond 20k miles, and mine had 35k, and was starting to fall apart. It was time to sell it before it disintegrated.
I was looking to retain what I liked in that bike (upright riding position) for what was deficient in that bike (tiny fuel tank, no fuel gauge, no tach, no wind protection, inadequate acceleration). I spent endless hours reading comparos during the period of time I was trying to decide if/when I would upgrade. It was getting to the point that the research was interfering with sleep, work, and my personal life, so I decided to get something so I could put myself out of my misery.
I most seriously considered the SV650, of which I prefered the look over the FZ6. According to this forum and the SVrider forum, owners weren't as happy with the SV650 as the FZ6. I also considered the Suzuki M50, which I really liked the look of, but my inner analyst wouldn't allow me to buy something that was clearly not as "good" as a standard bike, even though there was significant draw to it for unquantifiable reasons.
I found a 1 yr old 2007 with 3k miles that would match my red saddlebags, did a 10 min 25 mph test drive, and rode it home. I had no idea what I was in for! Took a while to get used to, since it was a more aggressive position than the Blast. Have enjoyed it ever since. I too have never found a bike would be a better fit for the amount of money I'd be likely to spend - it's really a standout value. But I sure wish I could have gotten ABS...