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yeah I think your correct on the fact that if you remove the silver tape it would be all black. I just don't know why they would remove the silver tape and only one one side. I know I wouldn't
i HIGHLY doubt that the tape was taken off. more likely its a replacement fender.
The all black fairing is definitely a replaced one.
I know because I have one my mine and the guy I bought it from told me he replaced it when he crashed.