I just got this old magazine from 1997, and did find this test of Italjet Formula, Peugeot Speedfight, Malaguti Centro og Piaggio Typhoon. It's in Swedish, so I will try to translate the important part of the Formula test.
The chassis is constructed for speeds well over 100kph, something that you will notice straight a way.
It has an advanced front suspension called ISS. Independent Steering System.
The Italjet is defenatly the most stabile of them all. It is also the heaviest of them.
It has a very balanced “feeling”, almost like a big motorcycle.
The quick steered chassis is easy to throw a round tight bends.
The 11” front wheel gives quick steering action, but not any smaller turning radius.
The excellent brakes have vented brake disks at both ends, and feel a little over dimensioned.
The seating position is excellent for tall persons. Even here it feels over dimensioned. Very good upholstery.
It has a big glove department in front as well. The lockable fuel cap on the right side is really nice and practical.
This way you won’t have any gas spill in the helmet compartment.
The downsides:
Bad front headlight.
The seat will not stand up by it self.
Small under seat compartment.