Someone mentioned KatKrew and they have on there a photo essay on how to mount frame sliders to a Kat. I have an 02 Kat 750 and have purchased frame sliders (the CBR 600... F4 ones) as this is what they recommend for the Kat on the KatKrew site.
I notice one slider is longer than the other, so I find it odd they would recommend these as the frame on the Kat is of equal length from the farings on both sides. Also, no need to drill holes in the faring of the Kat (as you need to on the CBR).
There shouldn't be much problem with drilling the frame - it's not a large hole - but I like the idea of making sure the bolt will break before the frame bends... I guess you have to weigh the advantage of a frame slider - saving the faring - versus the possiblity of bending the frame. I would think that in a low speed slide or if the bike tips over, the sliders would save the faring, with no damage to the member. It's a big piece of steel.