I have a danmoto exhaust as well but I live in Orlando so I don't deal with cold weather. I've never experienced this problem so I'd prob lean towards condensation. But just to make sure I'd take it to a kawasaki dealer
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I would say its from
Condenesation. There is really no other way your exhaust would be dripping besides a head gasket leak, and like with that it would be coolant and be smoking and overheating like crazy so I wouldn't worry about it too much. Probably just an exhaust leak.
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