+1 - in my MT07 review, I don't recall saying anything about it being unbalanced - I think I had the same experience you did. If you hold it on the battery tube, of course it will be unbalanced. Here's my comments from the review OP:
It appears to be top heavy, but I find it quite well balanced in the hand, but you do have to hold it on the fins for a balanced carry, then it's prone to getting your hand uncomfortably warm/hot on turbo.
Hhmm. Almost sounds like I'm saying two things, CYA... Yes, it's balanced, yes it's a hot balance hold... I think you're right though about the balance point - about at the switch.