The biggest thing is to make sure the bike is at TDC and your timing marks are lined up. You will want it this way when you put it back together. Being off a notch or two won't bend valves but much more than that can. You REALLY don't want to bend valves.
I also recommend using an impact wrench to remove the center bolt. You will probably need to remove the front wheel and fender to do this...but it really is the best way...the tool found in the below site is used on the valve wheel and your belt can slip while using it...been there...done that...Its ok as long as you line up your marks again.
http://www.valkyrieriders.com/shoptalk/timingwheel.htmOther than that...it is an easy swap. Folks recommend running at least mid grade on the trigger wheel upgrade. I have been running regular since I have done it and have a little knock when on it hard...but otherwise no issues. Mileage has gone up a little...was getting 180-185 miles before reserve...now getting 190-195. I have noticed an increase in power but no stats as it is seat pants dyno results.
Hope this helps.