Haymaker,
I did not look at the LS tractors, but in hindsight I probably should have. I do like the simplicity of the Kioti and I would be wary of the more complex LS. However, it would be a good idea, IMO now, to compare both. That LS price you were quoted is high I think??? If you shop seriously I think you will find that the Kioti is slightly more than the LS for less features, but I could be wrong. The wet clutch in the LS is certainly appealing...There was a dealer in Saskatchewan advertising a 7040 in the late spring/early summer for a lot less than 58000.
This is "out there" but years ago I dismissed Suzuki quads due to there complexity (3 ranges, independent suspension all-around, 3 gear shifters and cables and things everywhere. It turns out that they were one of the best, most reliable quads ever made. Could be the same with the LS tractors, IDK (although I'm sure they could never be considered as a premium tractor at this point...maybe in the future).
That 7040 is 97 engine HP I think. It is not as heavy a machine as the Kioti, but a considerable amount of weight in the Kioti is due to the cast wheels. One thing I was attracted to with the Kioti is the Perkins engine. Just because.
Let us know how the LS and Kioti compare. I'm curious too.
PS, read MBTRAC's review of the dk1002. It is very accurate.