Time required: 45 minutes
Level of difficulty: medium (only because its hard to make a good cut)
Tools needed: Dremel, Power Drill, 10mm(?) socket and wrench, screwdriver
I am not responsible for any damage caused by these instructions. Proceed at your own risk. I do my best to make sure they are accurate. Always wear the proper safety gear and use common sense.

1. Take off the light/licence plate bracket combo. You may have to do something tricky to get the cord out of the way, I can't remember what I had to do exactly, sorry. I think I had to cut a path to it in the plastic.

2. Figure out ahead of time where you want the cut to be. There are two ways to chop the fender. One is to leave support for the light/licence plate bracket, another is to chop it even shorter and leave off the light. You would want to do this only if you have a light source from the top, like if you have a custom taillight (or have customized your taillight). You will probably not pass inspection if you don't have a light.

3. Using your drill, carefully mark where the new holes are going to be in the fender. Then make the holes and mount the light. Here is what mine looks like from underneath.

4. Currently I have the bike set up to not have a light, but with the option of putting it back on. It only required a little more time and two more holes (you mount the license plate directly to the fender). So far I have not had any trouble from law enforcement *cross fingers*.

5. You might want to practice with your dremel on some disposable pieces of plastic, otherwise if you try cutting the first time on plastic, as I did, you might end up with crappy looking cuts, as seen here:

This tutorial has helped people since May 4th 2004.