another low fender vote...
the bike can get covered with mud even with a low fender. if you add gravel and other junk launched off the front tire, the advantage goes to the low mount. if the forks you select don't have a mounting provision for the low fender, better figure out something solid, that fender has to stay put, or else.
i also like a beak for the additional protection, it's surprising how much mud and other junk gets up that high.
in my case, the bikini fairing and all the lighting are fork mounted. i don't like riding rough roads at night, but i've been caught out there plenty. having all the main and auxiliary lights pointed in the direction i was rolling saved my butt.