It is, and we love it. Note that it is a 450, purchased in Guadalajara in the fall of 2006. It now has 16700 happy kilometers on the odometer and has had its first oil change and warranty service at 15000 without incident. Since warranty will be expired by the time it needs an oil change at 30000, I must remember to find and buy an oil extraction pump. That little engine has no drain plug and must be pumped out through the dip-stick hole; a bit of an inconvenience, but a practical one for any aluminum alloy engine.