Never worked on a wet clutch Monster but on the dry clutch models, difficulty selecting neutral with the engine running can be caused by too thick a clutch 'pack' - basically it is dragging when clutch pulled in so it makes the fine movement required for a half-shift difficult.
Reducing the pack thickness helps, wear does this eventually anyway, selecting neutral whilst still on the move may get round the problem.
However, I don't know if the same applies to a wet clutch and it's obviously not as easy to adjust/play with as a dry clutch...
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M900, 916, LeMans II.
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