Thanks for your feedback,

. To be honest, it's for the bling factor almost as much as outright performance. I know the Valk stops very well... as a side note, back in the day I had a 89 CBR1000F which had the same old-skool sliding pin calipers and they would fade very quickly with brisk riding two-up. Somehow, Valk's stop much better (even after extended spirited riding) with the same calipers, even though they weigh substantially more than a CBR.
What I love about the Valk is its timeless lines combined with modern touches. For instance it took the other makers years to come out with a power cruiser that had decent brakes and USD forks. But something that looks very dated to me these days is the front brake system. After owning a GSXR and a late model Fireblade both with with radial calipers, I like the idea of the additional feel that a set of better calipers with four floating pistons may offer - IF... they're mated to an appropriate master cylinder.
As far as outright cost goes, maybe $500 for the pair of calipers, $100 for a set of braided lines and $10 for a bottle of fluid. I would design the bracket adapter myself and my mate with a CNC mill will machine it for me from billet aluminium (or aluminum as you state side guys call it). And if you guys are right about the master cylinder, then the standard one may just do. Otherwise add another, what, $3-400?
Given that it took me 17 years to get my dream Valk (97 Tourer), and that I will never ever sell her, I am happy to spend a few dollars to keep her fresh and up to date.