Lee here... yeah, I loved my VMAX... I had both the 1st Gen and 2nd Gen.  The 2nd Gen is awesome, but its not a good bike for two-up riding even with the small backrest you can get.  Just as Matt said, the small gas tank and the fuel economy was lousy.  It was truly just a houligan/in-town bike.  I could never take it on a sporty ride because riding agressively, I was desperately searching for a gas station at about 90 miles.  A stock one gets a little better mileage, but not much better.  I had it piped with K&N intake, PCV and dyno-tuned.  Its an amazing thrill to ride, but you better plan out your gas stops! ---- for the record... it handles a hell of a lot better than people will say.  Get the suspension right, lose the catalytic converter and try not to lay down the throttle too hard mid-corner and she handles quite well. 

Lee Polakoff - I ride a VMAX, VFR800 & CB1000R  --- LeeMAX sounds like "VMAX"=my pride and joy and a riding experience unlike anything else