I saw these premiered on some bike show yesterday - Speed Channel Tuesdays.
http://www.ridleymotorcycle.com/They claim they have come up with a automatic that is more efficient and transfers more power to the rear wheel than a manual shift. It's not really a tranmission, like we think of classic transmissions. It kind of works on the same concept as top fuel dragsters, where they dont' actually shift gears, but change the ratio of the drive itself as speed or horsepower allows it. I dunno, it sounded like a good concept, though I could never own a automatic bike - it takes away from the experience for me.
Once I looked at the site, I found out all thier motors were 700 vtwins. Except for one model that was a 1400 vtwin, but it was a 5 speed manual --->kinda makes ya wonder "where's the beef, what am I missing here?"
The lower powered bikes are all autos, but the big one is not--- Hmmm... Maybe it's just new and they haven't developed the drive for the larger bike yet, who knows..
BUT, I bet if the yuppy, never ridden, I wanna bike, dentist, doctor, weekend 20 mile ride type market segment will eat it up. They can just throw a leg over and twist the throttle-hell it's as easy as riding a moped-just heavier, louder, and more powerful.