I put mine on the swing arm just in front of the abs sensor. Looking past the bottom of the abs sensor in the pic, a black object can be seen in the background, that's the vss pickup coil. The manual said .5 to 1 inch away from the magnets which didn't work for me. I ended up putting it about .125 to .25 inch off of the magnets with about a .375 inch or so offset off of center. Let me know if you need better pics of it, my son owns the bike now, but we are visiting him this weekend.
"Edit: I couldn't see the sensor at first, but now do below the abs sensor. It looks like you used some aluminum angle (or bent up some to an angle) and attached it to the swingarm - drilled and tapped the top of the swingarm? "
Yes, the kit came with some generic bracket material, I trimmed a piece of angle out of that and painted it silver to match the swingarm, and mounted it to the swing arm. It seems to blend in fairly well, I think it would take a fjr owner to be able to spot it.