Shame about the insurance but the non R models are just as good.
Thats a 2000 Mk1 model. They had a load left over as they only produced the all red, blue or yellow ones for 1 year (2000) they sold loads of the mk1 shapes through 2001 and 2002. Mine is a 2000 model like yours but I bought it new for a major discount in 2001 so it was registered as a Y reg.
Make sure its got a 16 tooth front sprocket (std was 17) and that the suspension been set up for fast road/track. These 2 simple mods will make it accelerate a lot quicker (only losing about 3-6mph off the top speed) and handle a lot better.
It looks like a clean and tidy bike have fun on it.
Cheers
Chris