It may look cool, but I doubt you'll get it working well on a busa wheel. If you look closely at the enlarged pics on the site, you can see that the battery box is about a 1/3rd the size if a pack of cigarettes and zip tied to the spokes near the hub of the bike. The lead from the batteries to the lights is wrapped around one of the spokes. On a 30" outside diameter bicycle wheel that probably never goes faster than 25 mph (yes I know that racers regularly go after than that, but I doubt you'd ever see a racer put those on his/her wheels) the centrifical force is probably not all that significant. On a 25" - 26" outside diameter motorcycle wheel that regularly travels at three times that speed, the centrifical force will be significantly greater -- and the consequences of that pack flying off are quite a bit scarier.
For a bike with LED lighting, they would probably look real cool if you could securely fasten them.
--Sky