Francios---
The small portable exhaust gas analizers available to the hobbyist are OK, but a little on the expensive side considering what you get for your money. I had a small unit , from Sears, I think and it worked well for small stuff, but when we decided to put it in the race car and test at Willow Springs, it failed after only a couple of laps. Not ment for that type of use. In your case it would be cheaper and faster to take your bike to a chassis dyno operator and have your jetting and timing done there. If your bike is stock I would stick to OEM specs. If you have added or changed parts in the intake , ignition or, exhaust, take it to a competant dyno operator for your fastest fix. If you can read plugs and don't mind a lot of tedious jetting changes and timing changes and plug changes and so on and so forth you may be able to get your jetting pretty close. At least close enough to shorten the time necessary on the dyno.
Either way, you still need a starting point. Check with other owners of the same bike if available. Check with dyno operators or speed shops in your area. Try performance books if available for you type of bike.
Always try to start a little on the rich side and work your way to the correct jetting in small steps. Make sure you have the right heat range spark plug. If you are not sure, start with a set a couple of steps colder than specified stock. Do the small stuff, the tedious stuff, first and then check with an analizer will get you where you want to go. Just keep in mind they are not intended for over the road use. Especially on a bike, you can get hurt trying to drive fast and read that darn thing!!!
Rod