Bridgestone Battlax was the tire of choice back then... rule changes for over 200 now require a "for racing purposes only" tire. We did nothing but put 50 lbs of air and a little lead elsewhere to keep traction. We did not shave, or do anything special... that tire was well suited for Bonneville.
A lot of Busa's and turbo bikes can easily overpower a tire if the rider is not paying attention to rpm and slip... you will have slip at Bonneville, the traction is about 60% of pavement, but you do have the ability to control and limit slip with your right hand.
Like I said before, get your bike within the rules (safe), Enjoy the ride, WFO throttle is exhilarating, and go as fast as you can... if you set a record... cool... no feeling like knowing you have the fasted bike