I have the Shift-Tech Fender Eliminator (Half-Chop) on my S4RS. I have had positive comments on how it looks.
I did have to cut the frame ends a bit but it looks very clean. I don't think it will hurt the re-sale value of the bike; but then I don't have plans to <ever> sell it!
http://www.shift-tech.com/ FENDER ELIMINATOR/TAG BRACKET $US 254.98
Short tail with tag bracket, perfect for USA plates, it changes the complete look at your bike.
Requires shortening frame by 85mm
with detailed instructions and TUV certificate in case your country requires certifications. Fit's all Monsters 2000 & up.
-- Made by LSCP --