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Lol this has been posted a few times and its not the real production version for V4. They still haven't officially unveiled anything, except for the track performance exhaust.
 

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While I love the idea of an undertail system, the fact that it blocks the taillights has me thinking that's their track model. Hopefully we get something similar for the street.
 

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IMO, that looks utterly stupid, not to mention impractical.
Why not just have the underbelly on both sides of the bike?
 

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The underbelly looks great. If it was symmetrical (meaning exiting both sides) and at a reasonable price, I'm sure they would outsell Arkapovic and all others combined.
 

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I'm pretty impressed with it, if that is their official product for the street. I have a feeling its going to come with a pretty steep price tag though. I'm assuming those earlier teaser videos we're running this setup?
 

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Here's what the official Termignoni looks like, seems to be a underseat/underslung combination.
@ Bikeman
I cant see this as anything but a track unit. It's complicated making it expensive.

Moreover, for the street, the under-tail section would require a special bracket for the license and turn signals (and/or an integrated rear lighting assembly) which Termignoni would have to provide as nobody else would make one for them.

At this point, I'm just wishing for an after-market slip-on that's more efficient, sounds good and the exhaust exits symmetrically from both sides of the bike as the stock unit currently does. IMO, this would be the most cost effective and marketable solution for most buyers.
 

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Yeah this system is going to be way too expensive for it to be considered as a street option. Have not really been that impressed with any aftermarket kits that have been revealed thus far. I know Akra has slip ons, but for $4k, no thank you.
 

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Wow, was not anticipating it to offer better performance than Akra's system, but I have a feeling it will sport a similar price tag. Wonder why aftermarket support has been so limited for the V4 so far.
 
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