For maximum braking on track smooth surfaces you may want more than the -1 has. I'm not hauling the bike down from triple digit speeds for a 30 mph corner. The single disk on the -1 is fine for sportriding between 30 and 80 MPH. If you're going faster than that it's go to jail speeds. You just can's sustain riding like that for long in a world with cops, sand, leaves and dogs.
What makes the -1 such a loveable bike is it appropriate to the job that most of us use it for. The Hawk was very similar.
What the -1 can use in the real world is better damping. The front is easy, Race Tech Emulators. You can also do the CBR F2/3 upper swap, but it's no better than dialed in Emulators. These Emulator knock offs
http://www.debrix.com/41mm-Fork-Damper-Valve-2000-up-Harley-FXST-Softail-p/24-0361-vt.htm also work great. They are only $27.
The CB-1 uses essentially the same fork as the SV650. It's a 41mm Showa damper rod fork. With an emulator setup lots and lots of these have won many races. It's all you need.
The front is 90% of the challenge. For the rear you need a real shock and it's hard as it's not a linkage design. So, nothing off the shelf will really work.