2ยข
The real value of a MT is that it is a vintage dual sport. While dual sport bikes try to do two things good and end up being kind of bad at both, I really have a soft spot in my heart for them. Reminds me of my youth riding out to the family ranch. An MT does something I've never seen a CR do which is legally ride to the store to pick up a quart of milk.
Mine was butchered by the previous owner trying to make it a CR wannabe.
I wouldn't worry about the weight difference. By the time you swap out rims, tank, seat, take off llights, battery, mirrors, etcetera, you are bound to lose 30-40 pounds.
I think you can also swap out stator/flywheel with a CR to save a bit more weight.
IMHO Horsepower is overrated as a yard stick. You need q.s. to turn your knuckles white and anything beyond that is pointless. Just watch the lap times for 125cc and 250cc races. Bubba Stewart on a 125cc Kawasaki runs laps ~95-98% as fast as Ricky Carmichael on a 450cc CRF Honda. I read a blurb about Carlsbad closing where two guys on kitted XR75s were dueling it out with 490 Maicos.
http://www.calvmx.com/story41.htm
It's all about the rider.
Mine just has an after market pipe and the performance is quite good. I was thinking about putting a CR top end on it and even went so far as to bid on one I found on eBay. I've changed my mind since then as the bike has more guts then me.