The only ones that are emotionally attached to a CVO bike, or any bike for that matter, are us. The only thing that makes the CVO special to HD is the price/profit margin. It's just business.
In 2006, HD made only 3500, individually numbered, 35th anniversary Superglides with specific paint jobs. That's fewer bikes and more attention paid to production numbers (the serialized commemorative plate) than the CVO bikes. IMO, the CVO has become more a profit center than the home of true custom bikes.
CVO bikes are really just production models, anyway, with unique paint and a large set menu of accessories. It's not like you can't buy an Ultra, Fat Boy, Road King, Deuce, Dyna, or whatever without going to the CVO lineup. Even the engine kits can be had from the dealer, so to me, the best thing about a CVO version is this: If a buyer is going to get those accessories, anyway, and wants the larger motor from the beginning, and likes the paint jobs, then they might save some money and time by getting the CVO version at the outset.
Remember that survey that we got here a while back? The one thing I harped on to Harley was to return to a truly special lineup of truly limited edition bikes--not available anywhere else within HD. I'm talking frame design and motor, as well as paint and accessories. They're not going to do it, of course--(costs too much and from the business/sales perspective why should they?), but IMO, that's what I'd like to see.
But I agree with you that HD seems to not be putting as much "custom" into the lineup as they should. Too many models, too many made of each model, paint jobs that aren't up to what a buyer can get from HD themselves (in much more limited quantities--therefore more unique and "special") and parts and accessories from the same catalog as is available to the general public.
But hey, we were all sitting here frothing at the mouth for days and weeks waiting to see what the 2007 lineup would look like, so don't look for anything to change. If anything, HD will make more CVO's, maybe a CVO version of each model line, even the Sportster, and just make them the top of the line models, dropping all pretense at limited numbers and custom vehicles. Maybe if they did that, the CVO line could be maintained as a true custom shop, making only a few hundred, truly custom bikes per year.
Again, it's just business.