Curious wanderer says "When I read the various posts on here, it does seem that these two bikes, the classic and the meteor are plagued with problems."
I think if you spend some time looking at the 650 forum, you will be most happy that you bought the 350, for there does seem to be numerous problems that owners have had with these machines, far more than what we see here. Of course, they have had a couple more years for problems to develop, although many seem to have happened not long after buying the bikes.
Possibly the Meteor was on the drawing boards at the same time as the Interceptor, but rushing to get the 650's to market failed to catch some deficiencies, whereas the 350's have had a chance to benefit from faults found on the 650's. For example, there are/were numerous reports of relay failures on the 650's, some of it credited to RE's over exuberant use of dielectric grease in the connectors. I have not seen one report of relay problems with the Meteor so far.
So "plagued with problems" is a bit extreme to my thinking. My Meteor has been faultless and, except for a few personal comfort and bling mods, all is well . . . knock wood!