Simon -
After fitting Kinnsler throttle bodies with Accell management to Roy Smart's GTD40, driveability improved no end (esp in traffic) and fuel consumption was noticibly less. On a run he could get 20+ mpg and that was often with some spirited driving enroute. Bearing in mind that the motor was not at the lower end of power output, I'd say EFi every time.
Also, with EFi an overrun fuel cut function will help too, as each time you come off the throttle when decelerating, the fuel can be cut above a preset level of rpm. Every little helps....:thumbsup:
In addition, with EFi it is possible to have a road/track switch, whereby the road position has a leaner, less agressive, more fuel conscious cruising map and in track mode, well that's self explanitary. I know people will say carbs can be tuned for either mode but try doing it at 'the flick of a switch'...
I have added active fuelling to my GSX1400 and with the fitted lambda sensor, I can select between two target Air-Fuel-Ratio (AFR) Maps at the flick of a switch. Result is 0 to 60 in less than 4 secs and almost 50 mpg when required if cruising.