I was able to move the wires to the top and side of the frame backbone. I had to remove a lot of the braided shrink wrap stuff, which is a very tedious job but I didn't have to extend any of the wires. The job is not quite done as I want to shrink wrap/tie things together better, but you'll get the idea.
Here's how much cleaner the area under the tank is now. It's amazing. A lot of guys will relocate the coil to where the horn is to clean up the area even more. I like my horn cover because I chopped it myself so it stays and therefore the coil stays. I still like the look a lot and am very happy with the results. When I bought the tank, I wasn't originally planning a tank lift, wire tuck, and ignition relocation but I'm so glad with the way things are working out.
I'm sure you're wondering about the ignition. It will go where you see the red arrow. I just need to figure out how to mount it but I have a plan.