The only consolation is that after spending maybe two grand, you'll have a good bike that you know all about. $7K might be a little too much in today's market, but it does have some new bits. I hope you didn't have to buy new Honda disks!
I bought a 2000 PY back in 2006 for $7840, but it had 92,500 kays on it, so while you had serious disappointments, it's not such a hopeless case.
It's a pity there is an ST owner in the world who has such poor integrity- maybe that's why he's an Ex-ST owner... couldn't live up to the standard!