Hans,
I too, have the cursed academic education of mechanical engineering. Normally you can spot us at any mall - very actively pushing on doors that are plainly marked "pull". In my opinion, any engineer can become much better at his/her craft with a classical gearhead approach toward learning. "Why does that work that way?" or "How does that work?" so that practical application is an important part of refining one's discipline and ability to contribute.
Kindly remember a few things about fluid flow (airflow in general and aerodynamics in specific): Airflow is not intuitive (sorta like thermodynamics) and one must learn the nuances and rules to apply.
Relative to your bike: The problem is not typically the entry (fairings are examples), but the exit losses are where the real gains can be made. During a study of a particular bike for Bonneville, it was found (in tunnel testing) that the bike was "cleaner" without a fairing in place. OH Blasphemy!
I will try and chase up some information for you that is related to these kind of applications. In the meantime, try and find a library copy of Hoerner's Fluid Dynamic Drag and his Fluid Dynamic Lift.
For your particular bike: Are there any plastic models available?
One can build a simple profile tunnel for very little money and "see" how clean or how dirty a configuration is or may be. No, they are not perfect, but very useful devices. IF I can figure out how to include photos on this gig, I will do so.
Regards,
HB2