Positives = Much better accelleration

. The power seems to be more usable and easier at low speed
Negatives= Slightly lower theoretical top speed

(Which most of us dont use anyway) The speedo reads slightly fast
Cost from Demon Tweeks for a 15 tooth front sprocket is about £12.00
Takes about 15mins to do the job
Not sure about the warranty situation as Ive never been able to afford a new bike

.
No extra strain on the bike unless you start finding wheelies to easy and cant stop yourself

.
I'm on my second storm and have done the conversion to both of them having covered about 30.000 miles no probs so far
Hope this helps