I'll throw this into the mix for your thoughts. . Josh hayes graves yamaha team is using the r1.. not the m.
So is the British Superbike Milwaukee Yamaha team. But that doesn't have much, if any, bearing on what a consumer should buy.
I personally don't see the value in it, just like I didn't see the value of the 1199S over the base. For less than the price difference between the two I bought upgrades that are far better as piece parts (Bitubo gas fork cartridges, shock and steering damper, CF wheels) than the upgrade parts that come OEM. But of course that's me.
I see less of a difference in spec for the price between the R1M and R1. The R1M only adds carbon fiber bodywork, special paint scheme and the same Ohlins (albeit similar to the S1000RR/HP4 DDS for real-time damping control) and the Communication Control Unit - which is available for sale separately for the regular R1.
I guess all of the above for $5500 more is not such a bad deal, but the base R1 has all the same key features, save the suspension, which to me is still relatively first-generation. When they finally tie in the suspension settings to the GPS track mapping, so you can adjust the suspension for each section of the track - that will be very interesting to play with.