No recalls on the 02 (what I own) , so I suppose the same applies for the 03... As for full liter bikes the best low end I have ever felt except for maybe the (04) gix. But the chassis (IMO) is way more sorted on the R1. Drop the triple clamp a hair, take the time to adjust the suspension appropriately and the R1 is THE 'street'bike. The R6 is great but as I find on all 6 huns you have to ride them at their peak to get their potency out of them. The are wicked in corners though. I will say the mitsubish developed fuel injection on the 02-03's is the best I have ever felt in my life...incredible....and I say this with no Power Commander (just ordered). It schools Hondas fule injection, and I believe Suzuki is close in performance. IMO I found the 04 R1 fuel injection not as sorted as the 02-03 FI...IMO. I find the 04 R6 is good but had a (small) but noticable notchiness in on/off throttle modualtion, but this seems to be the case in all 6 huns, and even more so in the Honda cbr600rr (04)... If you are not concerned about the highest hp full liter bike out there, but appreciate very design (aestitic) minded bike, bullet proof motor (especially on 02-03's), and very durable (see martinc 85,000 miles (or was it km)), the 03 R1 is the ticket. I was a honda guy through and through before, but am sold on Yamaha and am keeping my this R1, which I bought pre owned. I will get other bike prolly but I will keep this as it rides incredible and the power and handling are totally purposeful for street riding. I have ridden almost everything else and my 02 remains to be the best rounded package for ME. Good luck and as you can tell I suggest you get the 03 R1...
peace
xDx