The 500SS is a liquid cooled engine that is almost a 600 with a 1" track. It should be a bit faster. The 550X has a better suspension (HPG) and a 1.25" rip saw track. You also get internal/external drivers, racing seat, acerbis handguards, riser block, braided brake line, tunnel reinforcment and the new tail light configuration (supposed to be about 2 lbs lighter). The 550X is rated 35LBS lighter overall than the trail. Can you guess which one I might suggest if you arent out to race everybody across the lake/field. The 550 fan will have probably about 65HP and the trail should be around a 100HP, I think. Ive sat on the X and its a really nice machine. I have not seen the trail up close yet. There are advantages to the power of a liquid cooled engine, but the 550X has alot of nice riding upgrades.