That's a very nice bike. I would definitely look at an R or S too (S has spokes and tubes - R has no tube so if you get a flat you need a new tire instead of a new tube - plus I think the spokes are a more classic/Retro look).
I would not think those handlebars would be too comfortable on a long ride.
I just got back from BBT III (500 miles/8 or so hours of riding 2-up) on my 1300 R/S. With my corbin dual tour seat, bags, quick release windshield and a backrest bag, My girlfriend and i were comfortable and packed everything we needed including a tent and 2 sleeping bags. Well - actually I got pretty fatigued near the end - ear plugs, iso grips to reduce vibrations, highway bars/pegs to stretch out legs would have made it more comfortable - but all in good time.
There are alot of bikes on the VTXOA classifieds section that might fit your stated needs faster - then you could fancy it up yourself.
That said - it is an awesome looking bike.
You are the one that is going to be riding and looking at it the most - so go give it a ride and then test a Retro with the wife on if possible.
Good Luck
