I think the debate over fuel mix in the Kawasaki Triple forum went on for about 34 pages or something like that!
It's mostly up to you what you want to run, as long as you don't go too lean. If you want to run the old sleds at 20:1, about the only thing you may do that's bad is foul plugs and rob yourself of a little performance. I ran mine mostly at 20:1. I think the last couple years I was riding the old ones, I ran 50:1 in a Merc S/R and a Twister, but I still ran 20:1 in the others. I just never felt real comfortable in going leaner.
Lots of people run a good oil at 50:1 without incident. I just was never that much into performance, I figure the best way for me to speed up is to lose 10 lbs! Plugs and oil...at least 20 years ago...were cheap. Pistons, re-honing, rings and shop time, not so much.