Hi,
I also have a 2004 Venom, I bought it the beginning of last March. I have found this machine to be a very reliable 'trail' sled. I wouldn't use it for jumps or ditch banging, since the rear suspension is stiff and not much rear travel. But if you wanted a very reliable 2-stroke trail sled, then you got the right sled. As an added bonus it's a triple cylinder, so it's easier on gas (but heavier than other 2-strokes since it has an extra cylinder). The engine is bullet-proof, so you shouldn't have any problems with the engine.
For me, I just like riding around, seeing the sights, doing a bit of ice fishing, and a burst of speed every now and then when I'm on a lake, ...and this sled is perfect for that. I had it doing 100mph (160km/h) on a lake (on a stock Venom - no mods done), but I think that was the maximum I could get out of my Venom. I also went and got the Seat Jack for it, so my wife can come along when she wants to go out in the cold (which is usually once a month, that's why I didn't get a touring sled).
If you have any questions, you can PM me anytime. I'm usually on the forum at least once a day.
Roger.