It is a good starter bike, but your going to get bored of it real fast. If i were you i would look into getting a used Ninja 500R/EX500. You should beable to pick up a lightly used one for around that price. As for how fast it is, the 250 is good for a top speed around a 105, and running a quarter somewhere in the 14's. The 500 is good for around 130, and a high 12. SV650 is a better choice, but pricier. Hop that helps.