TurcoLoco, Yes it's an '07; I bought it in March'07 and that was the first year for the Custom. Looks to me like in '09 when they brought the color back (K Green replaced the Blue in '08) they changed the name and it must be the same color because they now list the '07 blue as plasma. When I bought mine the Kawa website listed the colors as Candy Plasma Red and Candy Sapphire Blue. But I can't prove it, all my original paperwork just says "Blue" so I'll chalk it up to old age and failing memory.
Steve, one of the ways to ascertain the color look-up and match for your bike is to provide the company (whichever company you decided to order from) the VIN# of your bike. That would take the guess work out of the process.
Is there any point in having a top coat for small touchups due to stone chips etc? I'd have thought not. I've got a couple on underside of tank - colour is (I think) plasma blue for 2008 (october) classic (Australian if that makes any difference). According to wiki plasma blue didn't some in until 2009 but the polaris blue(2008) looks too dark although it's hard to tell from web pictures.
From my research, I found out, if the paint is intact and looks decent, then all you need is the clear coat to protect it. If any of the color coats damaged, faded, etc. it would be best to prep the area, re-do that coat and then finish off with the clear coat.
If it is all the way down to bare metal, then it is best to start with primer. I ordered the touch-up primer pen as well but I think if you have a spray primer, you could use a soft foam pad or even Q-tip to spray the primer on and then use that to do the priming.
Whether you will keep the bike or sell it, if it has any paint chips or scratches, I feel, it is well worth to have this type of a touch-up kit.