Another trick I've used is to fashion a special tool from steel wire (like a heavy gage, high-quality coathanger) to aid in pushing the hose onto the connection. Form a U-shaped partial loop at the end of the wire, at 90 degrees to the wire axis, to let you grip/push the hose, then disengage once the hose is seated. The biggest problem with the 550 is the tight bend the hose must take between the fuel tees and the holes in the carb rack (assuming you stick with the stock routing). If you can afford to buy an extra foot or two of hose use plenty of "slack" when hooking to the tees, then pull all the extra hose through the holes in the rack and cut off the excess as the last step to properly match the location of the petcock outlets.
Kevin