Not ridden an ASR5, but own a Bandit. Really pleased with it.
The frame isn’t the lightest, but a full build still comes in below 30lbs without too much effort (26-27lbs is possible if you really chuck money at it). It’s probably not the fastest up or downhill, but it seems to do everything pretty well. And the overall quality of the build and finish is excellent. All in all, couldn’t be happier.
That said, the ASR5 is by all accounts a bit of a ripper too. Would it be the alloy or carbon one you’d be looking at? I may be wrong, but I think the carbon one only takes a 120mm fork, whereas the alloy one is good for 140mm (or maybe even 150mm?). Bandit is designed for 140mm/150mm (I have the latter and love how it handles).
As always, probably best to arrange a test ride on both and see what you think!