After months of rumors, grainy spy shots and leaked information, Ducati has finally pulled the wraps off its 2010 Multistrada 1200. As with the original MTS, Ducati wanted to create a machine with sportbike-level performance that could be attained on nearly any kind of surface terrain. This time, though, the Italian manufacturer started with its latest liquid-cooled Testastretta powerplant as used in the top-level 1198 superbike, athough altered with revised valve overlap for smoother power delivery and a 15-percent improvement in fuel consumption and emissions.

Ducati says the new Multistrada 1200 is "four bikes in one," and has thus bestowed its new motorcycle with four distinct Riding Modes that alter power and traction control levels: Sport, Touring, Urban and Enduro. Sport mode offers the full 150-horsepower experience with a low amount of traction control and Touring mode is intended for everyday riding. Urban and Enduro modes tone things down several notches to 100 horsepower – and opting for the latter also raises the suspension and sets the traction control to its least-active setting.

Uplevel S models get a new Ducati Electronic Suspension setup that can be tailored to adjust spring pre-load along with rebound and compression damping with options for rider only, rider with luggage, rider and passenger or rider and passenger with luggage. Ducati says that the Multistrada 1200's 417-pound dry weight is the lowest in its class, though a full 5.3-gallon load of fuel (enough for 186 miles between fill-ups) would certainly raise that a bit. Pricing starts at $14,995 before any options are added.