I haven't weighed mine, but I have to say that, in comparison to my Hypermotard S and my other Ducs, it is so much lighter that it is an absolute joy to ride on a tight road or track. As you said, the battery is the most obvious weight saver; next, I would look at the wheels. I have a set of carbon hubbed wheels on my 2015 KTM 450 SX FE, and light brake rotors, and the lowered rotating mass is a noticeable difference from when I practice with a set of RAD wheels. I don't like to use oversized rotors, as radius contributes to rotational momentum, and the stock size works just fine. Contact DUBYA for wheels - they are really easy to work with. (Dubya is owned by Tom White's [White Brothers] daughter and son-in-law. Great people!) I don't know if "Think!" makes seat foam for the bike, but that is over a one pound weight savings up high. I haven't put much Ti on any of my bikes other than my 1098R, but the next step I'd take, if I had an unlimited budget, would be Ti axles and swingarm bolt. Tires can vary quite a bit in weight, and they need to be changed fairly often anyway. The stock muffler is way heavy - I'm using an FMF, which isn't being produced anymore, but if you call CycleBuy, they'll set you up with a KTM FMF muffler - the only difference is the location of the spring attachment, and that's easy to work around with longer springs - I have one on my FE570. (This would probably be my second step, now that I think about it.) FMF Ti header pipes are still available, but they are pretty expensive. I have one on my FE390, but only because I purchased it at a great price - I don't think it is worth the $, but it will both save weight and allow the bike to run a bit better, especially down low.
I'm looking forward to reading the responses on this topic - thanks for posting it! Jim Roble