It is a great bike, first of all. Loads of character and driver involvement. It is fun to own, something my BMW R1150R not always was. The Beemer was way easier to drive, though, and perhaps safer too. But it had no soul.
My V11 is my second bike, and I am quite happy I didnt buy it as my first bike. It would have scared me. Its not the easiest bike to learn on. You ought to have a certain sense of whats going on, and a bit of technical knowledge, to be able to get the best of it. The engine is a bit spiky, and the chassis has some odd feedbacks that scared the sh.. out of me the first time I rode it. And it needs some tinkering to get it right for the specific driver. And its not the lightest bike around.
But it is special, and if you are willing to learn to drive it and forgive it for its shortcomings you will end up loving it in the end. I think of it as the Big Smiling Brute.
As an alternative: My wifes first bike is a Laverda Ghost 668, it is equally special and also ferociously fast for its size (no Ducati under 900ccm can follow it), but really friendly and easy to handle.
Perhaps I am just jealous; a Ballabio as a first bike? Wish it was me.
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..writing from Norway, so you don't have to