dhk2 said:5 kg certainly is a big drop. If you and your old bike weighed 100 kg, you've dropped 5%. On a steep climb at 10 mph, 5% faster means 10.5 mph...that's a big deal.
Regardless of numbers, the 7 kg bike is going to feel a lot more responsive underneath you; like it's ready to jump whenever you step down on the gas.
Yeah it is a big drop, probably an exaggerated example for most people trying to get some weight of their bikes but none the less I certainly can vouch for weight making a difference. I think though it has to be somewhat substantial unless of course you are at the elite level where it all counts.
And your right about the responsiveness, its awesome in comparison. It just goes!