Hi Dave
Don't be fooled by the promotional blurb. An M-Unit won't simplify the wiring. If anything, it makes it more complicated because you have to run input and output wires to the unit, as well as all the load wires. All the switch wiring (inputs) has to come back to the central unit, then the outputs go off to the various loads.
For example, consider a horn ...
Conventional Laverda wiring has a wire from the battery (via a fuse) to the ignition switch, then to the horn switch, then to the horn and back to earth.
With an M-Unit, a wire goes from the battery to the ignition switch, back to the M-Unit to energise its brain. The horn switch signal wire goes from the M-unit to the horn switch, then back to earth. Then the horn itself takes its power feed from the M-unit and back to earth. There's also a heavy-duty cable from the battery to the M-Unit that powers the various loads.
If you're after a cheaper solution, you could install a couple of gangs of relays that will do a similar job for a fraction of the cost. If you buy them with the interlocking bases you can mount them in banks that will keep it all pretty neat, and you can easily un-plug and replace an individual relay if necessary. Something like these:
http://www.ebay.com.au/itm/250753046174?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2648
Or these if you want LED indicators in the relays:
http://www.ebay.com.au/itm/151314169215?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2648
8 relays will duplicate the basic relay function of the M-Unit, but you won't have the smart electronics or built-in circuit breaker functions so you'll still need a fuse box. The advantage of using relays (or M-Unit) is that you only need to run small wire to the handlebar and ignition switches. CAT 5 communications cable would be OK. Only the load-carrying circuits need to be sized for the load current. The more direct wiring to devices like lights, horn, etc. will minimise voltage loss.
Cheers,
Cam