Hehe, I knew I'd catch some flak for this one. I'm not getting too crazy or anything, I'm just trying to expand a bit. I fully realize how easy it would be to slip up just a bit and drop my ass on the pavement. Thanks for the concern, I sure don't wish to bust up either myself or the bike.
I have decided 2nd gear wheelies aren't a possibility unless you did some pretty extensive weight shifting. Since that leaves wheelies to first gear, they're not really very rideable since it is so touchy, so I usually just time the rpm right so that it pulls a few feet off the ground well below the balance point for a little bit and then drops back down as the engine pulls up past the powerband. I've only had to catch it with the rear brake a couple times, but it is so sensitive I that it would take a rider with considerable skill to ride it very far.
I think I'm stuck with the stock tires for the duration I own the bike. I'm pushing 5500 miles on it, and I've heard of riders getting 14,000 miles out of the stock tires! Now that's some hard rubber! I do consider the road surface when I'm riding but a few times my wheelie attempts have just resulted in a rolling burnout (lousy tar-and-chip rural roads!).
I will admit I can be kinda hard on my little ride. When I first started riding, I was getting a bit over 70 mpg, and that has since fallen to about 60. I'm not trying to kill it, but I am trying to extract the most that I can. It's not like I take it to redline from every stop; most of the time I'm fairly gentle, but when I do get on it I don't play around. I'm trying to perfect my launch technique, but it's pretty tough to take off with much of a launch without bogging the little torque-deficient motor. I usually rev it to about 5k or 6k and let the clutch out slowly enough to keep the rpm up while the throttle is pegged. It's actually a bit faster if I shift at around 13k, because power is falling by then anyway and winding it to the 14.5k rev limiter is pointless.