That was also available with the Sport Package, which included the shorter torque arm, a 5.5" rear wheel and taller shocks, if memory serves. I had a '99R11S and it was a very capable motorcycle. It was also more sensitive to tire pressure and tire wear than any other motorcycle I've ever owned.
I had my S and a VFR at the same time. The S was nice, but I still have the VFR as it approaches its 25th anniversary.