I thought that they were throttle valves in the exhaust stream? Here is all the info that I could find on them in a brief online search:
"We see these in the Mercedes McLaren F1 car. If you think this is somebody's Frankenstein pipe dream then guess again. The new Suzuki GSXR1000, Honda Fireblade, and Yamaha R1 already have these."
"The Yamaha R1 is fitted with an EXUP valve. This is a Yamaha specific invention designed to improve torque at low to medium revs. It works by placing a small "flap" in the exhaust collector. This flap can be rotated to reduce/increase flow through the collector. When reduced the back pressure is increased and the wavefront at lower speeds can be reversed to improve extraction. "
"as well as Suzuki's Exhaust Tuning system that optimises back pressure in the pipes for optimum power throughout the rev range. "
"The new GSX R1000 features the new digitally controlled Suzuki Exhaust Tuning (SET) system. The new exhaust control system uses a butterfly valve to modify back pressure and thus tulle the pipe to suit running conditions. The butterfly valve is opened and closed by a servo motor, via cables, depending upon engine rpm and transmission gear selection.
At low rpm, die valve closes, increasing hack pressure and improving low-end torque while also reducing exhaust noise. As engine speed increases, the valve progressively opens to reduce back pressure and improve mid-range and high-rpm output. The four-into-two-into-one exhaust system itself uses a combination of titanium, stainless steel and aluminium parts to reduce weight. The header pipes, collector and internal muffler core pipes and core-pipe mounting plates are made of titanium"
(good typos in that one, eh?)
I think that these bikes are all 4-strokes, but I have to admit that I'm not entirely certain about that, as I don't really know much about motorcycles...