My son has a V-Rod and I've put a few miles on it. I'm not sure why the negatives on handling unless your talking low speed parking lot maneuvers. At speed that bike turns just fine. The only thing it needs is more lean angle. The kids about worn through peg set 2. Now, if your tring to compare it a sport bike, sure it sucks. But compared to a softail or a full dresser wallowing down the road? It's a dang site better.
I love the engine. For my kid, its been reliable. It seems that people say they've heard they all break all the time, or the other half say its bullet proof. But since no one actually owns one or knows anyone who actually owns one... not sure where these stats come from.

The street may be the same engine with a smaller displacement. It may be more nimble for city hipsters. But it ain't got no style. That thing is but ugly bleh and it feels cheap as hell when you sit on it. I haven't ridden one but I sure wouldn't want one. It may be the MoCos future for the revolution engine, but I'd sure rather have a V-Rod in my garage.
One other note - A while back on another forum I speculated about HD using that engine in a real touring bike. Not the V-Rod hang a road glide on it thing. But actually using a revolution engine in a touring frame (It won't fit in a current HD touring frame). The answers/comments seem to be that they can't use it because of torque or design because it had a frame designed around it. It seems to me that the Street pretty much proves that you can put that engine in another frame (Duh... I knew you could) and certainly a little gearing change could make it work for a heavier bike (lower the ratio and add a sixth gear for highway cruising). I wonder why Harley won't look to more than hipsters with that engine?