OK, so maybe the title is a bit optomistic but here goes anyway.
After conducting the relevant searches on this forum and digesting the sage advice given therein, I have taken the first step to remedy the terrible standard set up of my S2R800. For those who are new to the topic, this particular model got the bargain basement suspension and many owners (myself included) soon long for something better.
Step one is to buy new parts. My box arrived today and consists of:
One showa adjustable shock from a low milage 999. (Ebay purchase of about $50).
New Eibach rear spring to suit my weight. ($100) Supplied and fitted by GP suspension in Oregon City. Note the new red colour which will get rid of the yellow spring that has always looked out of place on my red and white bike.
New front springs to suit my weight. ($105) I decided not to go with superbike forks at this stage and see how it feels with the springs and a fork oil change.
Shipping from Oregon to Tasmania ($75).
Stage two is to fit it which I hope to do as soon as I get some fork seals and oil and some garage time.
Stage three is to try and set it up. I am thinking some track time might allow me to make some adjustments and do some laps to see how it feels before adjusting some more.
I am not particularly looking for top shelf fully adjustable suspension. I just want the bike to be more solid and less unstable in corners. Once I have it set up I probably won't need to adjust it again. My hope is that it will be a noticable improvement over stock.
I'll add more as it progresses.