I currently don't own a bike or ride one, although I have some experience riding before. I'll be getting my license next year (Feb or March) and I'm seriously considering the R3 as my first bike! Can't wait!
G'day mate. Good to see more Aussie's here. What state are you in? That will determine the exact rules for your restricted period including how long before you can upgrade to a non-LAMS bike.
If you are waiting until Feb or Mar next year, with any luck the R3 will be out in Oz by then. I don't think Yamaha can afford to leave it too much later than that. Kwakka has gobbled up heaps of LAMS market share (Ninja 300 is the top selling LAMS bike here) and Honda has upped their game with not one, but two rivals to try and out sell the Ninja (i.e. Honda's CBR500R and the new CBR300R).
If Yamaha want a slice of this lucrative LAMS sports bike pie, they need to act fast. I'm actually hoping these 300cc class bikes from 3 of the big 4 Japanese brands finally spurs Suzuki into releasing a GSXR-300 (or maybe even a 350/400). That would be pretty cool! The more options the better.