Finally, finally got my renewal from SF. Well, not in the mail yet but a communication from my agent. She told me my rate is actually going down a tad, from $1059 to $1016 on the Fazer 8. Going from M2 to M recently netted no effect on the rate.
I'm really happy with that and will be staying with these guys for now. That figure is lower than any other quote I've thus far seen (online, via brokers etc.) It probably helps that I'm 49, married, have no claims and also have three cars and a house with them...
Lucky me.
I'm in very similar situation as you ... age, M license and multiple items on my policy. Last week Personal Insurance gave me a quote for 09 Yamaha FZ1 (full coverage) for $807. I think you could get a better price ...