It is a wet sump oil system. Long wheelies can be done but that also depends on how vertical you have the bike and how full you run the oil level in the bike. Its not "made" for that but it will do it. some street riding is fine, im not sure about highway riding (interstate) It would all depend on how many miles at a time you plan to do. Its a great bike and im glad i have mine. The price does sound a little high.
07 Husky SMR 510 03 CRF 100/115 mini tard
05 Yamaha FJR 1300 99 Honda F4
03 Montesa 315 Cota
Procrastination is like Masterbation, in the end, you are just screwing yourself!