It's the street tracker treatment. I personally love the fact it has 17" wheels on it to get the good rubber, but some don't like the look. But, trackers use 19s front and rear, equal size rims, so it fits the look. It uses downdraft throttle bodies and EFI, too.
Actually, while looking a little like a tracker's seat and being painted in Harley racing orange, the seat sort of resembles the old XLCR. Man, I like it, though. I don't know if it'll be available here, for export to Europe. It shouldn't stay on show rooms long over there. Horsepower figures sound like the Buell XB9. They're talking 80-90, but that's probably at the crank of course. It's certainly enough to be entertaining and the suspension and wheels and gound clearance it seems to have will be quite useful on a twisty road.