Thanks Joe...I did a lot of research last night...so today I blocked the pair valve and did the vacuum line mod.
I learned of a trick to make the ECU never run in "closed loop" mode...from what I understand the ECu will switch to Closed Loop mode whenever you are at constant throttle...such as when your cruising at a constant speed and rpm...as I understand it this is the only time the o2 sensor is being used by the ECU then and at Idle(once it's warmed up) So the trick is to stop the ECU from switching to CL mode and only run in "Open Loop" mode as the american bikes without o2 sensors do...evidently the American bikes do not suffer the "surging" and jerky throttle at low rpm because of this.
So the procedure is to turn on the key and let the fuel line prime...then turn off the key and hold the start button and then while holding the start button turn the key on...the bike fires up instantly and it creates an error in the ECU as it hasn't been allowed to run it's boot up diagnostics and reverts to the default map...in this mode it will never switch to Closed loop mode thereby rendering the o2 sensor irrelevant.
So I tried it today...I ran the bike normally and it seemed to run fine, but the FI light was on the whole time I ran it that way...then I stopped on the road and shut the bike off and performed the new start procedure and the FI light went off and didn't come back on again until I turned the bike off at home and restarted it normally again.
So I think I've found the solution. I'm running the bike with the o2 sensor removed and unplugged and it's very nice...beautiful 1st gear power wheelies, the bike comes up smooth and predictable...I'm using the yosh slip on map from Dynojet and it feels real strong...just a couple of slight hesitations in the power band at around 8-9000 rpm...so I'll experiment with a few maps and see what works best.
thanks for your help.
Edit:
Wow what a difference a map makes...so I switched to the EU version GPR slip on with airbox snorkles removed and stock airfilter...
wow what a difference...it now pulls strong right from 3000rpm all the way to 10000...no dips, no hesitation and a vibration I had at 5000 is gone as well...what a map.
just to let anyone reading this know...
2013 versys
Power commander 5
Yoshimura TRC-D Carbon slip on
secondary throttle butterflies removed
pair valve blocked (with a cap from a whiteboard marker

airbox snorkles removed
vacuum hose mod
O2 sensor unplugged and removed( no FI light if you follow the start procedure above)
What a ride...it's a whole new bike!!