IMO and this is just MO. The 700 is great for forest service roads and unmaintained roads but up in the northwest our jeep trails tend to get pretty chewed up. I have bottomed out my 800 countless time and the 19 inch front wheel on the 700 would be more difficult going over things. If your looking at something that's under 400 lbs maybe you should look at the KTM 690, under 400 lbs and has the suspension for nasty roads.
Our famous last words "It doesn't look too bad".
08 KTM 450 EXCR
2010 BMW F800GS