When looking for a skid plate for my 2012 V-strom I felt somewhat trapped in a dilemma, as you have, and nothing seemed perfect. I did not want crash bars and haven't mounted a center stand, at least not yet.
I did not plan to ride the V-strom off-pavement on anything more difficult than a maintained gravel road since I have two more dirt-worthy bikes for that.
I've had both the SW Motech and Givi skidplates on my 2012. When I had the SW on I got lost and blundered into some extremely difficult terrain, way beyond what the bike was designed for and what I'm capable of riding on a 470 lb. machine. To make a very long story short, I had great difficulty in extricating myself from that situation and wound up high centering the bike on the skidplate three times (once at enough speed that I almost went over the bars), dropping it hard once, and a couple of other tip overs.
A lot of folks have expressed concern about the SW Motech plate mounting via brackets to the engine cases, as you did, and I was also concerned about this when I bought it. I can report that in the situation described above the mounting brackets were not bent and there was no damage whatsoever to the engine. The skidplate itself was heavily damaged, the bottom being bent and nine of the rivets that attach the black "wings" to the bottom plate were torn loose. So I don't know if it can really be called a bash plate but despite the heavy damage it sustained it did do it's job and protect the engine, pipe, etc. from any damage. I think the rivets could be replaced and the black "wings" (or whatever they are correctly named - side plates?) reattached, making it functional again.
Before I was able to repair the SW Motech plate I needed a skid plate right away for a planned 3K+ mile tour, all to be on pavement. I also didn't want to pay any more than necessary, and again didn't want crashbars, so the choices were quite limited. I settled on the Givi plate. This is a very light weight, non-rigid device that I don't think can correctly be called a skid plate as it won't take skidding over something, as I will describe. It will protect the oil cooler and other parts from debris flying off the road, and should be adequate for a maintained gravel road. I purchased one and resolved to abide by my original plans for the V-strom, northing worse than a maintained gravel road.
On the above mentioned tour one evening I rode over a curb that I could not see in the dark, going over it from the high side to the low side. The Givi plate lightly scraped over the curb. The four mounting bolts on the bottom of this plate are not recessed whatsoever (the bolt heads are rounded) and the bolts did obviously catch on the curb as they were quite badly damaged - I had to put a vise grip on two of the bolt heads in order to unbolt them. There was slight bending of the skidplate itself, very easily bendable back to normal shape due to the lightness of the aluminum, and also one or two of the brackets, also easily corrected. I've continued to use the Givi and have powder coated it black. The "Givi" logo on the plate is plastic and was damaged by the heat of powder coating, but perhaps that just adds some character? I also cut a whole in the bottom below the oil drain plug and I hope I can do oil and filter changes without having to remove the plate (haven't tried it yet), as I could with the SW Motech plate.
As already mentioned, the Givi is made of too lightweight alumnum to be called a proper skidplate. I tried to measure the thickness of the metal on the three plates I have. Unfortunately I can't find my caliper and had to use a tape measure, so the measurements are approximate.
Givi = 1/16" throughout
SW Motech = bottom 3/16, wings 1/8
Dirtbike Skidplate on my Kawi KLX 250 (don't know the brand) = 3/16 throughout
Compared to the other two the Givi feels flimsy and very lightweight, even more so than the measurements would suggest. But, as long as too much isn't expected it will do the job it is designed to do, IMHO. And it does appear to provide the most coverage area of any of the skidplates designed to be used without crash bars.
Sorry to ramble on so long. I hope my experiences with the skidplates will be helpful. Photos of both are attached.