So, on my racebike I have disabled the ABS and at slow speeds I still have this sensation.
I think that the stock brake pads have a compound with a reasonably high metallic content (something like a HH), and every time I've used a pad like this it's had the same sensation.
It's nothing to worry about, and I don't notice it an anything higher than 10-15 MPH. There isn't any unusual wear on my rotors and the wheel spins reasonably well when the front is on a stand and the brakes aren't applied. I would check the same things on your bike.
As an interesting aside when I first got my bike on the stands and started putting the warmers on I noticed that the front wheel didn't spin as freely as I thought it should. Some quick investigation turned up that the wheel was offset in the forks about 2mm to the right and it was causing binding. I checked the spacers carefully and everything looked to be in order, so I started investigating the wheel itself. The bearing on the left side of the wheel was not fully seated and there was a small gap between it and the internal spacer. A quick pop with the bearing driver and all was well in the world. The wheel is now centered and spins freely with the brake off.