no, not touching the rear cowl. Just clears it on either side, but doesn't get in the way of the indicators--so as far as that goes, it's all right.
I made a plugs just big enough so that they fit snug in the square steel tube of the subframe. And I made em a bit long, so they go deep. I drilled holes in the plugs, then put the bolts through, then put the nut on the end. I tapped them into the subframe, then tightened the bolts, which caused the plugs to swell. So it holds it very snug. I then put some heavy duty zip ties fastening the rack to the frame, just in case one of the plugs fails. The ties are hidden by the rear fairing. I woudl have rather done it the way Kevin suggested but I feel like it would have been difficult (for me, anyway) because the rack really is just a milimeter or two too short, which causes the bolts to go into the ends of the subframe and an angle, but with the plugs it allowed for a little play until I tightened it down. I am going to keep an eye on it, make sure all is okay, especially during the first few rides. But right now it feels very snug. I can grab the rack and push down hard and the rear shock compresses but the rack doesn't give at all.
Putting an Emgo box on it for now. And that's going to require a little "creativity" too. The base plate is just bit too narrow. and I want to fasten the thing through the official holes, rather than drilling, because those look reinforced. I'm going to get a thick black plastic cutting board, trim it down to the right size, make that the base base plate.
I am doing this, as maybe you can tell, on a budget.