Whoops, wasn't finished and somehow hit the POST button. Here's the rest of my message:
I think six hours of work sounds about right. I just did this job on my Xciting 500 a couple of months ago, and I was surprised at how difficult the job was, having done numerous motorcycle stator replacements in the past (which I remember being much easier). I'll describe the procedure and estimate the time it took for each process (not counting head scratching and confusion). First removing a bunch of body panels (about 20 minutes work). Then drain coolant and remove water pump (15 minutes). Drain engine oil and remove oil filter (10 minutes). Remove about 20 bolts that hold the engine right side cover on (20 minutes). Then I had to remove something on the rear suspension (I don't remember what) that prevented removal of the side cover (15 minutes). Disconnect electrical plugs (5 minutes). Finally removed side cover. The side cover gasket was torn upon removal, and it took another 10 minutes to scrape the sealing surfaces clean. Then I had to order a new gasket (it cost about $25 and took 2 weeks to arrive). It took about 10 minutes to install the new stator onto the engine side cover and torque it in place. When the gasket finally arrived, reinstalled engine side cover and tighten the 20 or so bolts (30 minutes). Reattached suspension piece (5 minutes). Install water pump (5 minutes). Install new oil filter, add oil and coolant (20 minutes). Start up and check for proper operation, leaks, etc. (30 minutes). Reinstall body panels (30 minutes). Road test (30 minutes). So I think the times I've estimated add up to almost 4 hours, and I'm probably forgetting some important step. I think it actually took me about six hours of work. I think the dealer shops around Virginia are charging in the neighborhood of $100 an hour. So $440 seems to be a fair charge.