I sold it a couple of months ago. I bought a used one in Virginia in 03 to haul back a vintage BMW, my tools and firearms that I had left with a friend for my last tour in Hawaii. I sold it upon my return and bought this one new in San Diego, summer 05, selling it this fall after using it for several riding trips to California during the winter. Pace builds a nice lightweight trailer but the big flat front end causes a lot of drag, which is why I like the design of the Featherlite.
I like the idea of an open trailer but there are some substantial drawbacks, the one being the bike is exposed to the gravel and salt on the roads during winter. I had towed it down behind my Jeep Grand Cherokee the previous year. The front of the trailer was a real mess from a huge storm in the Siskiyous which closed down the pass between Oregon and California. It would have significantly damaged my bike had it been on an open trailer. You might consider a Zega cover for open towing.
This was from my April trip, during which I met Doc Martin, Travel Guy and a bunch of other captains at Tom's Farm.