I just performed this operation on my 550F, didn't take photos, though. Sorry.
I used a Blair cutter to drill out all seven hundred spot welds attaching the inner fame to the outer fender. Once separated, loosely bolt the inner frame to the bike. Lay the outer fender on the frame and rotate it forward until you like the look. Mark the location of the two upper mounting holes. make a spacer approx 1/2" thick, and viola! I'll post photos when I remove it to install the new tail light.
Of note: I shelved my original fender and used a less than nice fender that was a bit tweaked and had some random holes in it. If you're original is nice, save it. There's plenty of fugly donor fenders that will do the trick.