Leif,
The stock narrow-band Lambda sensor is designed for Lambda 1=14.57 AFR. Whether or not this is the actual stoichiometric ratio of the fuel used, or not - it is close for most pump fuels. This narrow range sensor has a design range of .98-1.02 Lambda, which equates to 14.2786 - 14.8614 AFR. Not much to work with at idle and cruise, and even then, the ECU changes in an on-of manner that can cause the areas where the sensor is active to go rich-lean-rich-lean etc., as it trys to meet the target AFR in the table.
In fact, if the cells are set too rich in the AFR table, the ECU will not even use the sensor input. As for using this sensor and table to correct for mixture ratio outside of idle and cruising at steady speeds/throttle, then you are out of luck.
Now, I have yet to see an engine that produces best output at all engine speeds and loads at a single AFR. I can say that many engines tend to like an AFR of 12.8 up to peak torque rpm, and after this, tend to like a bit leaner - around 13.2 at peak power rpm.
If you want to see what is actually occuring, purchase an innexpensive Lambda/AFR meter like the Innovate LC-1 and gauge, or a TechEdge 2J1 and display. Both of these units can be set up to replace the stock sensor and simulate a narrow-band output, while logging with the Bosch LSU 4.2 sensor's wider range. Then ride the bike and log what is occuring at various engine speeds and loads. Make adjustments from here. But you still need to measure what difference in output these changes make.
I hope this helps,
-Wayne