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I just don't think I want to but a year old sled plus it only has a 1 year warranty vs. 4 on a 09.
I don't see any reason the warranty should be only 1 year if it's a brand new "leftover". Should still be a 4 year. As far as it being a year old sled, I think you're better off with an '08. Considerable price difference, more fuel capacity ('09s are required to have a double layer tank), and nothing else different except graphics.
I would also suggest the LTX. I've never owned a 121" but have ridden a few and never will. There are a ton of people on Totallyamaha that have switched to 136", or more, and wish they would've have done it a long time ago. Also, most of the shorty riders are switching gears, secondary springs, etc. to what the LTX comes with stock. These things are wicked fast out of the box.
As far as the GT/standard goes, the only difference is the shock type and electronic adjust vs. manual adjust. This will all depend on pesonal preference and your local conditions.