I still don't know what the 4 position damping knob exactly does. If someone can teach me on this, I'm all ears. I'm 6.4 and weigh 88 kg.
For your rear suspension, you need to set static sag by adjusting the preload washer. Unladen, measure the height of the seat frame to the center of the rear axle (finding two points that move under compression). Then, with your weight on the bike fully, take the same measurement again (you’ll need a second person obviously). The compressed height should be about 3/4” or 18-20mm. Adjust the preload scanner until you’re close.
For damping, ride the bike over some uneven surfaces intentionally. If the rebound is too fast, you will feel a “bucking” sensation because the shock is pushing the rear wheel back towards the road surface too quickly. If you feel a “wallowing” very sluggish sensation, then the rebound is set too slow (permitting the suspension to rest too long in a compressed state). You can adjust the damping so you feel the bumps occur “quickly” as if you’re shortening their duration without the bucking. That is optimal.
Why does it matter? Suspension is critical to proper traction. Traction aides in steering, handling and stopping obviously. If you’re rear wheel is too quickly rebounding, you’ve lost the merits of rear traction while under braking (weights shifts forward already due to front brake and front suspension compressing). And, under heavy acceleration, if the rear sags too much or too long, the front becomes unweighted and that is also not good.
You want the bike to sag evenly front to rear, and rebound equally front to to rear. You don’t want the bike to “pop” back up, but sag and rise smoothly. Far too many riders don’t pay any attention to setting up their suspension and that leads to handling problems, braking issues and crashes. If you rode two identical bikes with fully correct suspension for you on one of them compared to “stock” settings on the other, you’d immediately feel the difference. Confidence in steering, braking and handling are immensely different.
Suspension upgrades are, in my opinion, the single most important change one can make on a motorcycle. It improves every aspect of the bike’s performance from start-up to key off.