Just to confirm we should be checking the oil level with the bike level leaning on the side stand. I was sure I read that somewhere.

Why they dont just fit an oil level window like on my TTr not only can you check oil level quickly and easily but also see if there is any water in there.

I better go check with my bike level with handlebar resting on a wall.

straight up according to the service manual:

http://i41.tinypic.com/qoda53.jpg