It's a poor man's BMW GS or Ducatti Multistrada.
Well, as previously owning a BMW R1200GS for four and a half years and 25k plus miles, I can honestly say it was the best bike I've ever owned. Superb at what it is designed to do and after fitting a Sargent seat, all day comfort. It was economical, fast, handled well, lots of road presence and great fun. The boxer engine is charismatic and there is loads of usable power throughout the rev range. It's a brilliant motorcycle.
And also the worst bike I've ever owned. They are not without their faults and seem to have more than their fair share of problems. Main ones being gearbox seals failing, clutch failures, driveshaft failures, driveshaft seal failures, fuel pump control failures, antenna ring failures, dropping valves, poor finish and corrosion if not looked after etc.
I was lucky enough with mine and only had two recalls and the gearbox seals replaced (6 days before the warranty ran out, otherwise it would have been a £600 repair bill), but I am anal about looking after my toys and never ride during the winter as our roads department love chucking tonnes of salt down on the roads in bad weather. But I became so paranoid about not 'if' but 'when' the next major expensive fault would appear to leave me stranded at the side of the road. Yes, it might never have happened, but when you read about other owners time after time suffering problems (ukGSer.com is the place to find out all the highs and lows of GS ownership), well, I was happy to go back to the Japanese brands.
It has taken me three bikes since selling the GS to find what I've been missing in my riding, and the Versys now fills that void. I actually look upon it as a mini GS, but without the worry.