That is a LOT of work for a minimal gain, *if* it can be done. The 07's are not that much of a huge difference over the K5's/K6's.
For more than enough power for you (for right now), go grab an intake cam from a gixxer 750, and install it in place of your intake cam. This should be about 7-8 rwhp alone. Along with a good pipe, a good map, and the usual bolt on (TRE, sprocket, filter), you should be a very, very happy camper. Right up there with a piped 07.
If this is not enough, you can get more aggressive cams and/or head porting/milling. But I don't see a need for the expense of picking up an entire 07 head or motor. Is the head/motor/cams better? Yes, but not THAT much better to get a entire assembly.
We got some talented guys here on this site. Good info should follow soon.