Welcome Keith. I think you will definitely need to upgrade the stator (easy job). google Klrfaq and you will read all that their is available to upgrade a klr to what you need it to do. If HP is what you need, Schnitz racing makes a 705 kit for the klr650 but your gas mileage will suffer. There are many companies that cater to upgrading the klr. Ask us what you need and we'll try to suggest the best upgrades.
94 KLR,tank guards,sw motech centerstand,Doo done, african switch,mirror dampners, powerpegz, twisted throttle fuses, aluminum skidplate, Bigcee shark disc and jug holder and subframe upgrade, progrip grips,maier handguards/brushguards, avon distanzias,fmf q4 exhaust, headlight guard, handlebar risers, billet rear brake reservoir bracket and guard, dual star shifter,garmin 2820 gps, tmod,disc cover, pcv mod,corbin flat