I really like it. Right when the LTR came out I thought it was the ugliest thing I ever saw. Then my friend got one and I was able to see it in person and I love the way they look. I personally think the LTR's look alot better if you shave the front fenders though.
I like the way it looks... but after putting on some miles on the bike all four fenders have come lose... I replaced all of Kawies fastening system with 5mm stainless steel cap screws with nylon lock nuts.
I totally remove the front fenders because they kept coming loose anyhow. This past weekend at the races it started to rain and became a mudfest. The rear fenders did stay on due to replacing the stock hardware with stainless steel cap screws and lock nuts. Now the new problem is mud getting packed between the gap on rear fenders... I really hate to have to disassemble the fenders every time I want to wash the quad after a muddy race... IMO I think Kawie made a big mistake by not making the rear fender one solid piece. May be some duct tape will help keep the mud out... that should look real cool