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Via MotorCycle News:

"January 27, 2005

Rocket III recalled

Triumph has issued a safety recall of around 1000 Rocket IIIs after recognising a fault in the shaft-drive which, it admits, may result in a seized rear wheel.
Letters to owners explain modifications should be made without delay and that the repair should take less than one hour. A replacement unit is being fitted free of charge.
Triumph says the recall has been issued after the firms final drive unit supplier informed it of the possibility of a fault.
MCN understands the potential defect is in a seal. But to avoid repair inconsistencies, Triumph has opted to replace the entire final drive in all cases.
The recall applies to bikes with the VINs 205267 - 216401."

I would imagine 1000 units is the majority of those sold so far. No telling how long it will take for the letters to get to the owners, so if you or a friend are riding one of these beasts, get thee to a dealer!