My roommate bought one this winter, I've driven it a few times. While it's fairly light and slim, and has great low end torque, I wouldn't really label it as a beginner's ride. The biggest problem for a new (or experienced) rider is the ridiculously twitchy throttle response, something I've noticed on a lot of newer Yamaha sportbikes.
It's electronically limited to 132mph, which it hits effortlessly. I have no doubt it would do 150+ without the nanny cutting in.
On the same token, it's on a totally different planet from the vmax in terms of handling, brakes, and stability. As reviews have noted the suspension isn't stellar when really pushed hard, but 95% of the time it's comfortable and composed. For the price it's a tremendous bang for your buck.
There's already a few shops working on ECU reflashes to disable the speed limiter and soften the response a bit.