I agree with
LIAUDIO, get the bike running first, then start to remove/modify/destroy/customize/etc...
Things to remove:
1. Fenders (both front & rear)
2. Center stand
3. Stock turn signals (replace with smaller/lighter aftermarket ones - if at all)
4. Stock headlight ears (replace with smaller/lighter aftermarket ones)
5. Replace stock seat with fiberglass "cafe" style with minimum padding4 yer butt
6. Drill some holes in places, but don't get too crazy (lots of places to drill holes

)
7. Cross drill rotor(s)
8. Remove stock airbox and go with alum. stacks
9. Ditch the electric starter (I wouldn't, but it is weight)
10. Remove the brace under the seat (I just did , and it weighs a decent amount)
11. Run smaller gauges (or none at all)
12. Run the smallest bars possible (smaller = lighter)
13. Aluminum wheels
14. Ditch/remove all wiring not needed to run bike (like turn signal buzzers and crap like that)
15. Do some research and get the smallest/lightest battery you can that will work on the bike
16. Go with a light 4 into 1 exhaust with a small "cannon" or muffler
I think you'll be taking that kick-starter off pretty soon after you drill a few holes in it, particularly after you try to use it for the first time and it bends like a banana, ha ha! 
Terry ,
I have had my drilled kickstarter on my bike this entire season, and haven't had an issue with it yet.
Guess I have been lucky...
