I weighed in on this discussion about 10 days ago. I received my new igniter last thursday and that was the problem. It was hard for me to shell out $600 based on my best guess, but I guessed right and I am running again.
Funny story: After it fired up, I shut it down and then started putting the rest of the bike together. Then I fired it up again, punched it and there was a pop and it died. After I put my exploded brain back in the skull, I realized I had drained so much gas from the tank, it had run out. I flipped it over to reserve and it fired up again. Major duh moment.
For those of you who need to deal remotely for parts, I highly recommend Hermys.
www.hermys.com The local dealer here, which is over 100 miles from me, stinks. He wouldn't even take my cc over the phone to buy the part. Hermy had it to me in less than a week. On the other hand, I ordered a side cover gasket from Bike Bandit 3 weeks ago, still waiting. Never using them again.
