Errol , that was the grade of oil i m considering going to as well (20w-50).
http://www.penriteoil.com.au/products/engine-oils/everyday/everyday_driving_20w-50Penrite also states that this oil is suitable for motorcycles with "wet clutches".
While this change to a different weight of oil is not..........a mechanic in a bottle/can......the blurb put out by the manufacturers acknowledges it has been developed to "minimise oil consumption".
Along with changes we can make as owners regarding type of oil we use......some investigation will hopefully lead to the scenario of how the problem occurs.
Some observations so far within the group have been....
1) When travelling behind others at speed....there was a distinct smell of oil .
2) When topping up with oil.........there was a "heavy" mist/vapour in the crankcase.......which would nt clear........ to see oil levels......... if you tried to blow it away.
3) There is no noticeable oil accumulating in the aircleaner via the oil breather pipe.
4) No one has reported they" were" users of.......20w-50 oil.......and still suffered significant losses under reported conditions.
A conclusion that could be explained along with these results may be.....
1) Due to the greater engine temps and extended higher revs the engine is performing...... the oil is misting and" exiting" through the crankcase breather pipe then through the air filter and being burnt(hence the oil smell).
For those that have rerouted the breather pipe....it simply goes to waste.
I recently saw a pic of a highly modded (cut to pieces) XS1100 ...of which the owner had pods and attached the breather pipe to the swingarm area and had what looked to be a fuel filter on the end of it.
2) The extended higher revs increase the crankcase pressure....and the oil is entering the engine.... to be burnt........ via the valve guides.
3) As the motor gets older....crankcase pressure..... at speed... has increased........ over the kms and years......... due to worn rings/cylinder bore.
4) Any combination of the above 3 scenarios.
I would of thought "condensing" the oil ...would/should be........ engineered into the breather point at where it attaches to the motor already.
Using a higher viscosity oil may achieve less misting as well.