I truly love this motorcycle... I have had to do nothing to the bike except normal service. It has been an incredibly reliable machine. With 14K + miles, I would have to say it is very reliable.
The V-star is not a rocket, but has adequate power for my 40 mile round trip to work. The gas mileage is great. I have averaged 50 MPG.
The handling is very predictable. Very easy to control. It is a cruiser, so your ground clearance isn't the best. If you get too aggressive in a corner, the floorboards will throw sparks and remind you that you aren't riding a sport bike.
I have added a Mustang seat, which I would highly recommend to anyone. It makes the bike much more comfortable, and believe it or not, it improves the handling considerably. With the Mustang, you sit "in" the bike, not on it. Really makes a huge difference in handling. Very comfortable too...
I originally bought this bike with the idea that I was going to trade up in a year or so. After 4 years, I see no need to trade up. My Silverado does everything I need and gives me 50 MPG. I don't see me trading up any time soon...