We finally got around to balancing this thing. After reading what I could find, (Here's another a procedure if found on AdvRider:
http://www.advrider.com/forums/showthread.php?t=215106&page=8), I determined that it would be easier to balance the throttle body with the gas tank off. So here's what we did.
Before starting check the vacuum balance at 3k rpm with the air bypass closed, if it's one CM off, that's close enough, avoid the procedure.
Remove the gas tank and place on a table on the left side.
Remove the fuel return line on the right side and install an temporary hose long enough to reach the tank on the left, about 3 feet.
Cap the 7/16" diameter fuel line on the right with a plastic or rubber plug.
Connect one of the wire connector to the closest petcock. The wire comes out of the main wiring harness on the left side of split spine frame. Extend the fuel line to the electrically connected petcock with a piece of hose and butt connector.
If the balance favored the right side, you will need to raise up the Fast Idle Lever "D" and down if it favored the left. Lever "D"acts as the stop for the idle speed as well.
Remove the air filter box and the plastic protective cover over the TB gears. Now you can work from the top without squeezing your hands into the hot mess.
Loosen screw "C" Butterfly synch Adj. Screw while holding the cable guide with the other hand. This is not an adjustment screw but a lock screw. Use a little penetrating fluid to help. A stubby slot driver is best. Now move Lever "D" a bit and retighten screw "C".

- View of TB from front
Check your balance at 3k rpm, if its off, keep making adjustments till you get it right. It's a crap shoot!
We got it spot on after about ten tries. The idle vacuum favored one side when we were done but left the air bypass closed as recommended.
Now for the TPS, we checked the TPS with the VDSTS and found it at .6, spec on MPH web page calls for 1.4 +/- .3. was off by a bit. So, we adjusted screw "E" and opened the throttle angle to 1.4. But we were unable to lower the idle speed to 1100 rpm with the idle adjustment screw "A". This is an indication the the TPS is not aligned properly.
Next: Look for the voltage spec for the TPS at fully closed throttle position and check it. I'll post again when we get that done.