hi, there is no reason to overthink this, the neutral light is part of the lockout safety switch system. the power for the bulb is in the cluster, the switch is just the earth point that lights the bulb by grounding it.
on the gen2 I do not have any safety switches as I slimmed down the main harness to build the cruiser. but still have the neutral light, because the power for it is built into the gauges (ER500 stock cluster).
so whether the neutral indicator (in a aftermarket set) would work depends on where the power for it comes from.
a standard bulb or LED would work if the power is provided to the bulb from the ignition circuit and the output wire is connected to the switch to ground it.
on the gen2 I do not have any safety switches as I slimmed down the main harness to build the cruiser. but still have the neutral light, because the power for it is built into the gauges (ER500 stock cluster).
so whether the neutral indicator (in a aftermarket set) would work depends on where the power for it comes from.
a standard bulb or LED would work if the power is provided to the bulb from the ignition circuit and the output wire is connected to the switch to ground it.