This solution is a lot more money ($999), which I got from Jeff at Optimum MotorSports. Lucky for me, he moved from Detroit to within 10 miles of my house, so I have on-site tech support We spend a whole lot of money on suspension, tires and other stuff, when real-time feedback would probably do a whole lot more to improve lap-times.
The SmartyCam has the advantage of overlaying data on the video, which can be very helpful. CSS uses the S1000RR which conveniently has CAN wires to link to the ECU in the tail of the bike (factory alarm connector). So pulling data from the ECU is a breeze.
It's not cheap, but it's built like a tank. For about $1250, you would have a complete setup that reads ECU data and overlays it on the screen like this:
Here is a video: