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Question #2 : I get 36-42 Mpg on my 2003 S3 and it has a 5 gallon tank.
Question #3 : I have ridden a fair number of miles in the rain (37,000 miles total) and have no issues other than being smooth and gentle when opening the throttle.
It turns quickly has good stability in the corners and the brakes are world class. 2002-2004
On the 05-07 models many owners complained of excessive brake lever travel. Triumph eventually replaced the pistons with teflon coated Daytona 675 units and this was i believe done under warranty.
The 02-04 models had a recall for fuel connectors (also done under waranty) and headstock bearings. if your looking at buying used.
Your Buell may have similar torque but the S3 has dramatically more horsepower.
The S3 is much much smoother with a good (not great) topend power.
I have ridden an XB 12 some time back and when the Buell runs out of steam is when the S3 really gets going.
The S3 will wheelie at your command (if thats your thing) smoothly and predictably.
The 05 onward models have a smaller 180 rear tire (the 955 series had 190's) and thus turns in even faster than the model I own.
My experience with the Buell was seriously under-whelming....
However YMMV. See if you can get a test ride from a dealer or go to the Triumph demo truck.
Hope this helps.
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