Recommend you not cheap out on the shocks as it pays to invest in a good set of rear shocks.
The front can be vastly improved using Racetech gold valve emulators if you do not want to do a modern front fork replacement. A set of new front springs to go with the emulators are the best combination.
But, you will probably spend $1000 US to do a modern fork upgrade to the bike and the Up-Side-Down (USD) fork conversions are not really required to get much better dampening and brake system for the bike. There are many conventional fork designs that have sufficient tuning and vastly superior braking performance that are the conventional fork design.
Some go with the Suzuki GSXR forks and others have used the CBR600 or the Yamaha R1 or FZ600 forks with good success.
Since stopping is pretty important it could be considered a worthwhile place to spend money on the bike, as are tires and suspension. If you can't keep the tires on the road they can't do what they are suppose to do. Not that you are going to need to be riding where you are pushing them to or near a limit, but in a panic move or required reaction to hazard, etc. it is always a good thing to have that capability in reserve. That's my thought process on it.
The 4 into 4 pipes are nice and it is a combination many like and want...
So if yours are in great shape, either hang onto them or consider that when and if you decide to change.