Definitely the hard bags. With the (sort of) futuristic shape of the VRSC (especially the "classic" A's/B's), the leather bags just don't seem to match well.
On a Sporty or Dyna? Sure.
On a V-Rod?
Not so much.
Besides, the lockability and waterproofing is pretty key on the hard bags.
Just my 0.02.
USAF: 1989-1997. Desert Shield (Saudi Arabia), Desert Storm (Kuwait, Iraq), Provide Comfort (Kurdistan), Restore Hope (Somalia), Uphold Democracy (Hati), Joint Endeavor (Bosnia), Support Hope (Rwanda). USAFR: 1997-2014. Iraqi Freedom (Iraq), Enduring Freedom (Afghanistan). Retired, Oct. 2014.