The 899 is not positioned as a track tool; it is a cheaper, de-contented, civilized/rationalized version of a Ducati SBK with a focus on being more street friendly. All the marketing hype for the 1199 was about track prowess, while the copy you see for the 899 is about being accessible and user friendly.
They clearly haven't built it to be a really sharp tool, but rather one that the bigger market (than the 1199's) will find more accessible. Expect a lot less heat, more comfort, and smoother power delivery. It will likely be a better streetbike for daily use than an 1199, and at $15K with ABS it'll retail for at least $4K less than a base 1199. Should do the trick for a lot of folks, as it's really falling into the slot that Suzuki's GSX-R750 occupies; not cutting edge, but arguably the ideal size for a sportbike. Very similar in power and weight.
Biggest problem I can see for it is competing for customers, at least early on, with discounted 2012 1199's, and even more so, RSV4's which are a grand cheaper!