This is getting off topic for the turning radius thread so I'll start a new one. Following is a simple equation to estimate the effect on the lean angle of hanging off the motorcycle.
This was derived using the bike in a straight up and down positon. In other words, the angle from which the center of gravity (cg) deviates is between a line from the center of the contact patch with the bike upright up through the bikes cg and another line from the center of the contact patch through the bike + rider cg. This wouldn't be totally correct when the contact patch moves to the edge of the tire but the idea is the same.
DR = distance the cg of the rider is moved off the centerline of the bike
HR = height of the rider cg above the pavement
HB = height of the bike cg above the pavement
WB = weight of the bike
WR = weight of the rider
The angle the bike + rider cg deviates as described above = arctan (DR/(HR + (HB*WB/WR))
This is how much more the bike would be upright as a result of hanging off. Intuitively it makes sense. Angle increase with DR and decreases with HR and HB.
So for a 400 lb bike, 175 lb rider, HB = 20 inches, HR = 40 inches, DR = 6 inches the angle is 4 degrees.