If you bought it with only 1400 miles on the clock, I would say it's likely the sprag has NOT been done. My sprag went out in the high teens/low twenties and it took a while until it completely failed.
Although your bike is out of warranty, if it does go out, then you may be able to reach an accommodation with Triumph. My dealer was able to get Triumph to agree to supply the part for free and I pay the labour. Since I did the necessary work, the cost was pretty high - at least a couple of dozen pints over the weeks I had it apart.
You can go a long way to ameliorating the problem by always starting the bike in neutral with the clutch in, and keeping the bike in a good state of tune so it doesn't need a lot of cranking.
But you should definitely have a dealer look up your VIN - there are a couple of service bulletins/recalls that might apply. I'm thinking particularly of the alternator drive bolt that has a tendency to shear (supplier changed the specs without telling Triumph).
Good luck!
[ This message was edited by: parrycm on 2006-09-11 12:01 ]