I had a 2002 1150 and I was very pleased with it. If you bought one, I think you would also be very satisfied and would not regret it.
That said, if you are buying for an overland trip (which is likely given the ethos of this site), if you found a late 1100, with lowish miles, I think you would be equally pleased and have some money to spare on the saving between the two models. I did have to spend quite a bit on TT parts and other bits, (eg frame engine mount "hard part" of the 1100 from T'Tech highly recommneded if going off-road) to get it trip ready, and the 2000€ you might save would go a long way here. Also the headlight on the 1150 is crap, and auxillaries are really recommended, whilst the large H4 on the 1100 is said to be pretty good.
Both are good: have a ride and see which you prefer.
Either way, I think you'll be happy. Happy shopping.
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Adventure: it's an experience, not a style!
(so ride what you like, but ride it somewhere new!)
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