Alright. I received the highly anticipated verdict phone call from the dealer today (GP Bikes).
They opened the motor and it was completely grenaded. From the vertical cylinder's con rod through to bearings and beyond. It's thought that the initial cause was somehow oil starvation (not sure how) but its inconclusive.
Upon looking into rebuild costs, parts alone were in excess of $20,000 CDN (labor would have been on top of that).
So....(drum roll please): they decided to put a brand new crate motor in it. That's probably the best outcome I could have hoped for. No questions asked and the entire ordeal was dealt with very professionally.
The only bad news is that 1) it's going to take 3 weeks to get the crate motor here from Italy and 2) I'm gunna have to break the bike in all over again when I get it back (don't feel to bad for me though).
Couple things:
1) Really appreciate everyone here's support and opinions/advice. There were some dark and uncertain times and just knowing there are ppl rootin' for ya made a difference.
2) For all the horror stories we may have heard collectively about Ducati warranty and dealerships, my experience here with a very serious issue was handled in an exemplary way and I'm a loyal Ducati customer for life because of it.
