Ok it's good to hear you serviced it well and you did test drive it before buying... 55mph for a non-supercharged non-intercooled model sounds about right actually. 83 hours isn't bad at all, my '06 has 80 hrs on it as of last weekend for comparison.... and you have no supercharger to worry about rebuilding or failing!
Now I use 93 octane fuel in my RXT. I'm not saying they won't run on 91 octane mind you, just that they run better on 93 octane.
You're making good RPM's at WOT, actually for a non-supercharged model you're making too many rpm's I'm pretty certain of it. I still think you need to pull the jetpump off and check the wear-ring and impeller condition, you're turning too many rpm's for a non-supercharged model and going too slow... still sounds like a jetpump problem more than an elevation problem. Either something is worn in the jetpump or else something has already gotten sucked up in there and is messing with the water flow thru the pump; a small branch or piece of rope, just about anything foreign in there will screw up the flow and cause the pump to well... not pump right. While they might not make quite as much horsepower at higher elevation as opposed to near ocean level, they should still perform about the same maybe with a few rpm's lost (which you haven't lost rpm's as I understand it, this is what makes me think jetpump problem).
"... a bike when it's clutch is slipping." That really screams jetpump problem in my mind, like something foreign has probably been sucked into the pump. The engine might lose a handful of ponies at your elevation, but the jetpump shouldn't know the difference between ocean level and 4,500 ft or so. Take the pump off, look inside see if anything has gotten sucked into it and while you have it out check the wear ring and impeller conditions! It's not diffucult to pull these pumps off, takes about 30 minutes the 1st time and 15 minutes every time after that (once you know what wrenches/tools you need it's faster than the 1st time).
ps. Does your model actually have a line stamped on the engine oil dipstick? Mine has a bend in the dipstick, and the full point is halfway between the 2 bends there is no actual line stamped on the dipstick.
pps. I also still recommend changing the spark plugs to brand new ones when you change the engine oil (ie. change them now). These 4TEC engines eat spark plugs up and they may show no electrode wear at all but still not spark right under compression. Plus they're cheap and easy to replace... you didn't mention replacing them already, so I think you should so you can eliminate them as a potential source of trouble!
- Michael