The VS is quite a bit cheaper than the HD ($1500). I believe the horsepower is about the same on each. The HD has liquid cooling, bigger wheels and a rear disc brake. Storage is better on the VS. Aside from those things I've heard the build quality is to a higher standard on the HD. My main question is does anyone know why that is and is there that much difference? I'm not sure how many markets actually get both of these bikes. I've read that the VS 125/150 is very popular in Australia. The HD200 (a bored and stroked 125) gets great reviews. Thanks for any input.