Now that you mention it, it does seem high. I had an 05 with similar mods and at a Dyno Day at Lees in San Diego, I only got 156 HP which I was told was pretty consistent with others.Could be the dyno and not the bike?
Actually, the 171 HP with your mods seems a bit high to me? Could be the original dyno that's the culprit?
Contrary to popular belief, a TRE does NOT give you an added 20hp so the busted TRE theory goes right out the window.
Perhaps your butt dyno is just broken??