Hi Paul and welcome to OzSTOC from SA.
What you add to your bike to enhance your riding experience is a very personal thing. Here on the forum you'll find lots of information and advice about how members have farkled their own bikes, and if you can't find info about a particular mod, or the solution to a difficulty, just ask. And YES, red is best.
I'll be passing through your part of the country with a couple of mates in May next year, on our way the FNQ.
?