man Shaft, if I had a nickel for everytime I've answered the "strap" question!!
The Strap is similar to a "tie-down" with one major difference. The ends are not hooks! The hooks are replaced with a sort of small metal brackets with a bolt hole in them.
The bracket is intended to be bolted to somewhere down around the front wheel area. Most people use one of the bolts that holds the Caliper in place. You pull the bolt out, put the bracket in place, then put the bolt back and tighten her down.
You run the strap up in line with the forks (roughly) and then up and over the frame just to the rear of the steering head. (right in front of the gas tank).
Then you bring the strap down the other side and attach it with the other caliper bolt.
You MUST ensure that the strap is run UNDER any wiring as you bring it up over the frame. You don't want to bind anything.
The strap is then cinched down, just like a tie-down. It helps to have a friend, or a technique like rolling forward, stabbing the front brake so that the suspension compresses WHILE you're cinching the strap. makes it much easier and you'll get more lowering that way.
When you're done racing, just remove the strap.
It helps keep those launch wheelies down quite a bit! (except for bikes like the R1 which just have a terminal problem!) /images/icons/wink.gif /images/icons/laugh.gif
OFG is right, but don't be confused.
Strapping is left for the track only. Lowering the Triple Tree clamps is best left for permanent,
partial lowering because the rider is short. It's not something you do just for the track, nor should it be done much more than an inch. (going more increases the risk that OFG mentioned)
Both will give you clearance problems though. Coming down from a wheelie when you're strapped is almost a gaurantee that something is going to touch your fender.

It's just a touch though, no damage should be incurred. My fender has a spot rubbed through the paint. /images/icons/laugh.gif /images/icons/laugh.gif
BA
"<font color=blue>I see your lips moving, but it doesn't sound like English.</font color=blue>"