I put my car up for sale last week and said I would take trades for bikes.
I've had one guy offer to trade for his 08 ZX6R and another for an 07 R1. Obviously the R1 is not an option for a first bike, but I'm seriously considering the ZX.
Me being the smart, non show off type would I be alright on something like the ZX for a first bike? I'd trade for it and then ride it back from Michigan. And I've never riden a street bike before.
For a first bike, stick with the ZX. An R1 would get you in trouble no matter how frugal you are.