I have found a place that is just about perfect for practicing my cornering and everything else that goes with that. It is just super awesome. Safe run-off, great surface, no traffic and low top speed.

I was there today for the first time, and the only thing I regret is that I didn't wear my leathers. I scraped my pegs four (4) times, twice on each side. Whoooooo!!! I probably went around the track at the very least 50 times. It was a workout. At the end I practiced some low speed exercises (U-turns and such). It was a truly excellent experience.

Now. Chicken-strips are down to about a millimeter on both sides of the rear. 

 

PS: Glad to see there is still some - 1 mm - reserve left on the tire even after scraping the pegs. Also, it's good to know the tires held true in the corners at the 2 up pressures (37.5 psi front, 42.5 psi rear). Ambient temperature: 97 F.

Trail braking is a real science onto itself; there are so many variables involved. That rear wheel will slide out on you if you touch that rear brake - maybe yes, maybe no. The only constant I found throughout, is that, you really should be off the brakes completely at the apex if you're coming hard into the turn. I tend to get off the front brake by the beginning of the lean, and then use the rear brake the rest of the way in if necessary, to set the line.

PPS: Scraping pegs is definitely not recommended. In fact, after scraping my pegs each time, I was always scared to go around the corner the next time for fear of going too low. I'm already hung off as much as I can, with my shoulder hovering only about a foot off the ground. However, it's very nice to have it reinforced that the bike can lean over significantly - till the pegs are scraping - and the tires still hold nicely.

As a matter of fact. All 4 times that the pegs scraped, the bike never reacted in any adverse way, the tires weren't howling, or slipping, there was excellent feedback from both the front and rear suspension, and the ride around the corner was very smooth.