I just installed the EVO Peg lowering kit. It's super easy...took maybe 10 minutes. It lowers the pegs 25mm. I previously purchased the Verholen kit for $185 from the Pirate but found the instructions, all in German by the way, quite confusing....it also requires some "adjustment" of the brake and shift levers which I was not confortable doing. SO...for me, the EVO kit is the way to go.
'05 S Granite Gray, ESA, ABS, Heated Grips, Remus Full Ti, PIAA H-7's, Clear lenses F/R, EVO Full Race Filters, AutoCom, V-1, GPS, FRS, XM, Corbin solo seat w/Smuggler, lots of carbin fiber.