.....and the verdict is........it kind of works. I put the spools on and put the stand under and it does fit. I then tried to put the bike up on the stand and I couldn't get the fat ass Busa the go up. I am either extremely weak or just don't have enough fat on my own ass to push the bar down so the bike will go up, this was no problem with my R6. So, I found a pvc pipe I had laying around(have no idea why) and stuck it on the end of the lift arm to make an extention for more leverage....and poof, bike went right up. So, to answer your question, yes it will work if you have enough ass or extend the lift arm.
Sorry, I don't have a camera to post pics....I need to have my girlfriend buy a digital camera for herself and then me use it....haha...sneaky!