Can't talk about the ignition, still using old style brakers.
But I minimized my electric and switched to a Li battery (4 cell, antigravitybattery.com, $109) and a combined regulator rectifier. I am not using a starter and the set-up works great. Only issue I see is that when you let the bike idle for 5 minutes or more, it will draw down the battery. Happened to me only once when I adjusted stuff in the garage. In stop and go traffic I have not any problems yet. For a while I had some issues with blowing the headlight bulb, but that happened twice and then never again. I can highly recommend that setup, probably would be even better with an electronic ignition.