Soren,
I was digging through the archives and ran across your post. I bought this set and have the saddle bags on my Speedy. For $45.00 I figured I couldn't lose, and I was right. Now, I must admit, I haven't exposed them to inclimate weather yet, but they have worked fine for me. They have been on for almost two months and they work #$*& good for 45.00. My only complaint is that the bags don't hold their shape. They collapse in the middle. It's not a big problem, but the aesthetics suffer. I will re-inforce the sides when it gets to be a real problem, but until then I'm happy.