The vagueries of exchange rates.....
But don't forget spending power: what does your average Italian earn versus your average Brit? What is real disposable income? What will happen when (not 'if') the Euro collapses?????
On the other hand, how much hassle would it be to import an XT? Would you really save more than a few hundred ��� allowing for licensing/on the road costs/etc? What about waranty claims? I think Yamaha UK would drag their feet on this....