I was lookin' at a black 1050 Tiger last week and still can't get it outta my head. With pipes? Oh, man.
Three issues I can think of - first, the can looks a little short. I'm assuming that's the same one used on the S3, but it seems undersized with the longer saddle and bodywork at the rear of the Tiger.
Second, any way you can make a smoother bend a bit tighter up there behind the passenger peg? It's kinda hard to tell what kind of space you have to work with there, but if it could be tucked, it might look cleaner.
Finally, would it still work with the saddlebags (since yours run cooler, it might work better)?

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"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me."
— HST