I automatically distrust any means of lifting a bike that stresses headers or clinders by using them as lifting points. I've seem "certified mechanics" lift a bike by clamping the front tire on a handy lift and using a car jack on the header to lift the rear. The stand you show is placing ar leat 50% of the weight on the front cylinder where the two rods to keep the fairing in place go.
Don't think so.... Not my bikes....
Call me anal but I just don't think the four cylinder studs are meant to support such a load. And I know they are working almost perpendicular to the load, but still ain't right...