On previous bikes, it has seemed that the speedometer was about 10% high. When it said 60, it was really only doing 54. 70 was really 63. I had only ever done the math by looking at a clock and mile markers, which isn't easy to do while riding a motorcycle. But in typical freeway traffic my experience told me that at an indicated 77 I was doing about 70.
The B5 didn't seem to be that far off, so I finally rode with a GPS today. Interestingly, it is further off at low speeds. An indicated 40 mph is only 35. However, an indicated 70 mph is actually 67, about what I figured from the traffic flow. The odd thing to me is that it isn't a certain percentage off, but I guess that's the nature of the electro-mechanical speedometer.
I've never been on a motorcycle that read high, so following the indicated speed always puts you slower than traffic and safe from law enforcement, unless they wonder why you're going so slowly.
Both of my current cars and the last car I had matched the GPS exactly. I understand why the RE is imprecise, but for most modern motorcycles to read so high I think must be deliberate.