This is my 2005 Tomo's ST. I got it last summer and rode it around until August when I burned out the clutches. I got back from school and did the work it needed and she finally runs again.
I absolutely love riding mine around town. It tops out at about 30mph and gets an average of 102 mpg (I filled the tank 3 times last summer).
In Massachusetts you don't need a motorcycle license or insurance and its only $40 to register it for 2 years.
So save your pennies and pick one up, you'll be happy as hell that you did.