Thanks for clearing that up.... '03 - '04 is the way to go for your price in my opinion for features, etc.
Remember one other thing, BMW started breaking out standard features after '04 so the designation LTC, LTE, LTS which included things like 6 disk cd, alarm system, heated seats/grips were items that you paid extra for in later models. So, if you purchase a later model, make sure that for the money, you are comparing apples to oranges with earlier models. You may want to look into the different designations for earlier models and understand the difference (LTC - Custom, LTE - Elite, LTS - standard, etc.)
I have an '03 LTC which features:
1) 6 disk cd, single disk cd, AM/FM Weather Band (LTC)
2) Heated Seats/Grips (LTC)
3) Cruise Control
4) Full trip computer (LTC)
5) Chrome accents / strips (LTC)
6) Top Rack with Stop Light (LTC)
7) Linked ABS Servo Brakes
8) Crappy low beam and high beam
9) Security Alarm System (LTC)
I am sure there are postings on the forum that talk about the different features. In the newer models, the bike is more or less ala carte like the RT and GT are in '06 and '07...
Others please chime in on the features list if I screwed something up or forgot something...