I installed mine about two weeks ago, Gen 1 so things may be different for yours.
Ballasts. Throttle side is mounted directly on the shelf below the headlights.It clears the plastic shield mounted on the lower triple with about a 1/4" to spare. Zip tied in place. Clutch side is mounted in the space just ahead of the glove box.
Wiring - I ran all 3 grounds directly to the frame using the one of the rectifiers mounting bolts. Mine are on a separate circuit and are completely independent of the stock headlight circuit. I mounted a switch in the 'flash to pass' socket (ordered from Digikey - requires some dremeling to make fit. Search the forum for proper switch to use). Power for the relay comes from my fuseblock. If your bike is like mine you don't have the clearance to mount much of anything directly off the battery. Between the main positive lead, main power to the fuseblock and my battery tender lead, I'm maxed out!
Installation - Originally I thought it would take 3 or 4 hours. It took a full day taking my time but working steady. Lots of cutting wires to length. Make sure you have lots and lots of connectors, terminals, shrink tube etc.
All that being said this ******* cannot be used as daytime running lights. Their just two bright! They have some pretty serious downrange punch to them. I just returned from a trip from Nova Scotia and the first day out I was running down the Trans Canada after dark looking for a hotel. It's a divided 4 lane with the opposing lane perhaps 500 feet adjacent. With my Hella's lit up, oncoming traffic a quarter mile up the road would flash their lights at me furiously. Only did that once!
I've posted some pics in Bram's original thread. Might want to have a look.