Yep, most Asian countries have VERY high taxes on bikes over 250ccTalk about putting lipstick on a pig!
I'm not saying the R3 is ugly. Just that it makes no sense to me to "rice up" a cheap motorcycle. Some of those bikes have more $ in accessories than the bike cost itself!
That said, I think in some countries there are displacement limits or really high taxes, so smaller bikes are all that is available.
I guess if I had to have only one small bike I would trick it out.