Hey,
I got my 01' R1 shift arm yesterday, and went ahead and installed it. Had some great help from Mike, thanks Mike. The change out was pretty straight forward, although I did take it a step further than has been described on this site.
I reviewed some information on the FJR1300info.com page about lubricating the pivot points, and the one in particular that came to mind was the shift linkage pivot point that is directly behind the Left Foot peg/Cover Plate. It is directly behind the "bubble" on the foot peg, and is an intrical part of the foot peg. I had read that it was bone dry from the factory, so I decided that while I was in there already, I'd check mine out, and mine definately was. Something that I didn't realize was that the sidestand is directly bolted to the frame via the two bottom bolts of the Left Foot peg/Cover Plate, so when I removed it, down came the kickstand. Not a problem, since I was doing the changeout while the bike was on the center stand.
When I fully removed the Foot Peg, I noticed that there was a substantial amount of what appeared to be grey High Temp bearing grease spattered all over the back of the Foot Peg. Looking for the source, I found that the front U-joint of the drive shaft had the grease all over it too. I wiped away the grease off of the Foot Peg, and looked for any sort of damage at the U-joint that would have made it sling grease everywhere down there, but I didn't see any.
At any rate, during reassembly, I installed the shift arm to the shift linkage, with the allen head bolt facing the engine, and then reinstalled the whole assembly (sidestand, shift linkage, foot peg) all at once. One further note that I hadn't seen anyone write about was the alignment of the shift lever with the cast "tick marks" on the foot peg/cover plate. I didn't even notice the tick marks until almost completely done with the change out, but it worked out anyway.
Now for the info you've been waiting for. How well does it work? Well, in my opinion, it is a definate improvement. Most of the "clunky" sound that used to come from the tranny happened during low RPM shifts in 1st, 2nd, and 3rd gears, at least for me. Now I would say that its much more quiet than it used to be, at low RPMs. During a higher load, the "clunk" is gone. It almost shifts like an automatic, nearly undetected. I would say that after racking up some more miles, I only have 1300 miles on it now, and when I eventually shift to Shell Rotella T/STP combo, the "clunk" will be a distant memory at all RPM ranges. Thanks to all who have given insight/input on this mod. It really does help.
Aaron