I'm not very familiar with the 550 but I would imagine the oil is stored in the bottom of the engine for a wet sump set up. Cal or Durango know that bike better.
Yeah the seat pan for me doesn't serve much purpose to be removable. The seat itself will be detachable from the pan as well as the reg/rec and mUnit. So it's more of a mounting point for other things. It's all about what works for you.
Speaking of the seat, I spent a very frustrating weekend working on it. I made progress on the top, cushy part of the seat but have stalled on sewing the suede. SonofaB is it hard to work with. I like to consider myself a decent seamstress but trying to pin Alcantara and gettin it to curve is a huge pain. I gave up yesterday and tried to mow the lawn, only to have the lawn motor and weed eater fail to start. So I bought some bourbon and grilled shishkabobs instead.
Here's a sample of what the seat will look like in the end. My dad had some gorgeous walnut veneer that I'm going to glue to the bent plywood seat base and the cushy seat will be screwed to that. This is a sample of the stitching on the micro-suede set on top of the walnut:

Cutting the gel to fit the pattern, complete with Good Housekeeping: required for all things sewing related. I rubbed some corn starch on the gel to prevent it from sticking because it sticks to EVERYTHING. I found cutting it was easiest with a big chef's knife:

The 1/4" plywood base for the cushy part of the seat with the gel:

Layup of the layers that make up the cushy part of the seat:

The actual seat top, already top-stitched. This is what was giving so much trouble yesterday; trying to attach the 1 1/2" strip to the curved edge to make up the sides of the cusion.
