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I'll toss my two cents in since I was just having the same debate. If you plan to work on it yourself and mod the bike it seems like the ghost would be the way to go. The motor has a ton of available parts and you could probably find all the info you need just by surfing JerryHawk's threads. Just from reading his threads it looks like there are quite a few more to that motor that you could do to milk the top speed.
If you are going to buy it and run it as-is you would likely be happy with either. I went with the KPM since I liked the look better since I've never been a cruiser type person. The 6 speeds in the KPM are nice and the fit and finish is far beyond what most would expect from a sub-$3000 bike.
Either way I think you will have a blast and likely get great support from the folks on here.
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