Well, the obvious...air cooled, one less system to maintain, break or fix. Liquid cooled, it actually cools the engine in addition to the air. Especially nice in hot weather or city traffic.
I have both and would be hard pressed to pick one over the other. They both have benefits and disadvantages. If it's over 95, I probably wont be on the harley (air cooled), but I have never found coolant under it either (like I have under the ninja). But I don't have any scars from burning my leg on the engine on the liquid cooled bikes either....now my sporty has left its mark on me! Probably more to do with the seat and the engine position than the cooling method, though
