I opted to purchase it. At $540, it was too good to pass up. It's a plus if I sell the bike at some point. The warranty can always be canceled with a refund. Before I purchased my F6B in March, I'd purchased a 4 yr for my 2012 Wing that was coming up to the 3 yr mark. I traded my Wing on the F6B a week before my 3 years was up and Honda refunded the Wing warranty purchase price less a $25 fee.

Most of the time extended warranties are a waste of money but they make me feel better when the price is right. On the flip side, it doesn't take much of a repair to make a warranty worth it. There's no right or wrong answer. It's whatever makes you feel comfortable.