This page is a comparison between the latest 2010 Yamaha FJR1300 and the 2nd generation Suzuki Hayabusa. You should be aware of the Hayabusa by now since virtually, the entire website is about the it. 

The Yamaha FJR1300 was a high capacity sport tourer originally released back in 2001. It was clearly a sports tourer targeted at riders who didn't want a BMW or Honda motorcycle. It is highly likely that older riders would have considered the FJR1300 in the same vein as the Hayabusa purely on price and purpose. However the Hayabusa is not a sports tourer but often considered one since it is more comfortable than a sports bike and has plenty of space for luggage and pillion passenger.   

Although I haven't ridden a FJR1300 yet it is clear that it is a highly regarded motorcycle for distance cruising. Quite a few police forces are also choosing the FJR which means that they should be very reliable long term purchase. Each update of the model being better than the prior version. Judged purely on looks I prefer the Kawasaki GTR1400 or Concours14 but many will probably disagree. Regardless of your preference the FJR1300 based on specifications alone looks like an excellent choice if you are after a fast long distance tourer.