Billy, the big cost for most guys with 1200's replacing a stator is labour; you need to pull the engine out of the frame to get at the stator, it's in the left rear side of the engine. The first time we did mine we worked from 5:30 pm until 3:00 am (myself and the local shop mechanic) and we'd never tackled one before. 2nd time it was just me and I did it in my garage by myself on a Saturday night/Sunday project. 3rd one I said screw it and took it to a dealership in Edmonton and ponied up the shop fee; I already had purchased a stator. Lots of talk here on the forum about soldering the contacts and heat shrinking to prevent voltage leaks/arcing etc. You can also do an alternator conversion, but there are some pro's and con's to that from what I've heard. Rest of the bike is pretty solid and easy to maintain, no major problems to deal with; just remember you are dealing with a 25 year old machine. Best of luck.