both great machine's imo but only rode both a very limited time. from what i have read from prevous posts and personal experience i would test ride both and if you ride in alot of different elevations than i would lean twards the 700 due to the fuel injection.
I have a v2 and h1 the more I ride the h1 the better I like it , its not a rocket but its power band is in all the right places ac hit a homer with this engine .