Well the Busa did it again but I feel I am ignoring a obvious problem. This time I was cruising down the the road at about 60mph so the RPM was steady and above idle speeds (I did increase it to 1250) so that wasnt the problem. Bike cut out, clutched it, hit the starter a couple times and no re-fire, hit the red kill switch off then on and she fired back up no problem. I think the kill switch could VERY possibly be the problem, it has damage in the way of half of the red switch is gone allowing all the elements into the switch. Luckily I ordered a newer one in great condition from GoldenChild a while back and it looks like it is time to install it.
Just another side note which could totally be coincidence, it only seems to shut off when the tank gets to about 1/4 tank or just under. If I fill it up I have no problem until it gets to this point again and it will shut off. ???