I'll be the dissenter.
I rode for 100k miles with an Aerostich Darien, (with back armor), including a lot of rallies, and the MERA 10-n-10. I then switched to a Klim Latitude and rode the '13 IBR in that, along with a bunch of other shorter rallies and touring for another 100k. I still wear the Latitude in the colder months.
I've worn the Badlands only in a shop, walking around with it on for 20 minutes or so, test fitting helmets, etc. It is heavier and bulkier and restricts movement a bit more than the Latitude. Venting is about the same. You can't get away from that chest armor unless you remove it, it's just going to be more weight. I think the Badlands is absolutely the first choice if you're doing ADV work, BCDR rides, etc. If you're doing more road work and touring, it's overkill, IMHO.
Klim has some other gear now too. Check that out as well. And don't gloss over Aerostich Darien jackets.
Pants... Well, YMMV. I can't stand any Klim pants. The zippers are too short and you have to remove your boots before you can take off the pants. That may be trivial to many, but not to me. I get to the hotel, shuck my jacket and pants and then get the bike sorted, covered, grab some ice or what ever, all while wearing LDComfort and my riding boots. After that, I'm in the room and hitting the shower, eating and going to bed during an LD ride or a Rally.
When I'm touring and camping, same deal, except that I'm setting up the tent and getting camp sorted. I'm not going to take off my boots, then put them back on to get stuff done before being done for the night. Sure, I carry a pair of sandals, but if I don't need to unpack them, that's saving me time.
Klim pants are like taking your gloves off to pump gas. A lot of people do that, but they are doing it wrong and it costs them time. I've been to Klim in Idaho and spoken to some of the designers. Nice folks, but they don't ride like we ride. They day trip ride where they start and end at home.
If you're not riding off road, stick with the Latitude or Darien. You have no need of the extra protection of the Badlands, IMHO. It's good gear, it's just overkill for LD riding.
PS: Order both the Badlands and the Latitude jackets and try wearing them around the house. You'll be sending the Badlands back.