I think that it is a great idea. Don't get me wrong, I personally don't care for it, but the idea itself very good.
I'm clear as mud so far, right? For someone like me it's a great idea because I would use the black reflector
tape that shows up white under light (
like these: http://www.realtimeindustries.com/products.php?product=Concours-14-{47}-GTR1400-Reflective-decals) . For those that prefer a splash of color it seems like a good idea, but it might need some additional
red further back to visually balance the color. Maybe wrap the exposed sub-frame member that angles up and back from the foot peg
towards the bag? ...or something else. Having said all that...I'd call it a hit.
I haven't seen red reflector tape that shines orange/amber when hit with light 'til now, but then I need to get out more.