Didn't that bike sell about 4 months ago for almost $5K? I seem to remember watching that one.
This continues to be the demise of many, many Buells: owners parting them out so morons can build kit choppers.
The difference here is that this ain't a Harley engine and there is a very limited market for a parted out X. I just don't think parting it out is going to reap as much cash as he believes.