I had intended to get the 1098, but the white 848 just mesmerized me at the Cycle World traveling show. I was at the dealership the next day putting my deposit down. I got the first one that came in. I would imaging the power is a little less than the 1098 , but for the street, I wouldn't think you won't notice a huge difference.
This is my first V-twin, its not quite as quick to jump with the throttle as my CBR954 was, but its got tons of pull, and is down right scary over 6000RPM.