My setup has an O2 sensor & I monitored my AF ratio as I modified the bike in stages, I have also read many other dyno charts with AF ratios & you are not going to be dangerously lean with just a pipe assuming everything else is working correctly. On my bike with the "ultimate air box mod" a Twin air filter & a high flow muffler AF ratio was very safe, the only tweak it wanted was a touch more fuel at low engine speeds for tip in for improved throttle response (which can be done with the CO setting).
FYI, Today's fuels do not color the plugs nearly as dark as they used to.