I noticed the picture of the integrated tail light has a Mass plate on it. One thing you have to be careful of are the specific signal marker laws in your state. I know as a matter of fact that Mass requires your markers to be at least 12″ apart, which rules out going to just an integrated tail light. I had a buddy that ended up having to get some stalks to put on his fender eliminator after striping down to just the integrated tail light. Also with LED’s you sometimes have to replace out the blinker relay, or the lights will blink too fast when signaling, and you can get a ticket.
My only issue with going to just an integrated tail light without any additional signals is that it does make your bike harder to see, and for some drivers (like the crazy ones that don’t wear glasses while driving), it makes it harder to to determine what direction you are signaling. I do want an integrated tail light, but in addition to my signals, just to draw more attention to myself.
BTW, I am super jealous of your SV650. Wish I had one. Post some pics if you got em.