FYI, that fairing/decal job was done by a little china-man in Guangzhou, China.
Now, you mentioned it was an '05 so are you aware of whether or not the ECU had been swapped by the PO? That specific year was notorious for frying ECU's and fixed by replacing it with an ECU from an '06. It doesn't seem like this is your issue as it ran just fine before. Are you positive you're getting spark? The bike needs air/fuel/spark to start obviously so I'd start with the spark because you're obviously getting air and fuel. Try testing the coil and the R/R and see if that doesn't bring an issue to the surface.
Edit:
I just went through your post again and noticed that you mentioned the bike wouldn't rev past 8k. The ECU could very well be your problem. There's no way to really test the ECU so hopefully you have someone locally that is willing to swap with you to test this theory or just she'll out the cash for an '06 ECU on eBay.
Now, you mentioned it was an '05 so are you aware of whether or not the ECU had been swapped by the PO? That specific year was notorious for frying ECU's and fixed by replacing it with an ECU from an '06. It doesn't seem like this is your issue as it ran just fine before. Are you positive you're getting spark? The bike needs air/fuel/spark to start obviously so I'd start with the spark because you're obviously getting air and fuel. Try testing the coil and the R/R and see if that doesn't bring an issue to the surface.
Edit:
I just went through your post again and noticed that you mentioned the bike wouldn't rev past 8k. The ECU could very well be your problem. There's no way to really test the ECU so hopefully you have someone locally that is willing to swap with you to test this theory or just she'll out the cash for an '06 ECU on eBay.