Its been on E-Bay before and didn't sell, he was looking for about the same sort of dosh. Also on here
http://www.classicmopedspares.com/Moto-Guzzi-Mk5-Le-mans-ULTIMA-EDIZIONE-motorcycleI thought it was interesting and certainly different. There must have been a lot of time, planning and shed loads of money to construct it and the craftsmanship seems top notch.
Quite apart form the fairing it appears to have been given quite a restore too.
As a piece of sculpture it's nice or if your into getting looked at then surely it would do the job admirably.
To ride? Well I wonder how it copes in a gusting crosswind and I wouldn't fancy having to do any mini roundabouts let alone U-turns.
Sadly people put a lot of effort into these specials and think because they love them everybody else does. Unfortunately it doesn't usually work that way. Most will see it as an LM 1000 SE, it will be interesting to see what it goes for in the end.