My 2004 DL650 had a leaky front fork seal, and the rear shock was feeling kind of clapped out, so I needed to do something. I considered re-doing the forks myself, and installing an aftermarket shock, but ultimately decided to go with Daugherty Motorsports. I went that route because I liked the idea of having an actual suspension guy involved, they have specific experience with the V-Strom, and the price was right.
Jamie and I spoke on the phone a few times to discuss my needs. Basically, the main thing he needs to know is how much you weigh, so he can spring the shock and forks correctly. I already had proper (Sonic straight rate) springs in the forks, from a previous rebuild, so this is what I had done:
Front Forks: new seals, bushings, fluid, and Daugherty Motorsports proprietary cartridge emulators.
Rear Shock: new spring, new fluid, and Daugherty Motorsports proprietary valving.
I am very happy with the result. The complete cost was $535, plus shipping to Daugherty (the shipping back to you is included in the price). The bike feels more planted, is more compliant over rough surfaces, and I haven't noticed the dreaded front end clunk since I had this done.
My front end was already much improved over stock, because I had proper springs and fluid, and also have a fork brace. But the front end performance is improved over that with the Daugherty fork rebuild including emulators. The performance of the rear shock is also much improved, although as I previously mentioned, it was pretty clapped out after 30k hard miles.
The bottom line is this is a great value, and a cost effective way to upgrade your V-Strom, especially if you need work done anyway due to leaking seals or other problems. Highly recommended! Here is a link to their V-Strom page:
Daugherty Motorsports - Motorcycle Suspension Performance and Modification