I'm sure all the components on modern sports bikes help reduce this kind of flex (or at least limit it to non-problem orientations). But ours are not sport bikes. Personally, I prefer the clean look of my T'Bird to having some eiffel tower type structure along the side of my tank.
My T'bird is much better in this regard than my previous bikes (mostly '80s kawasakis with Norton style double front frame tubes, and rubber mounted engines) so I agree with Jim that the stressed-member design is basically pretty rigid, even if swapping out some suspension parts for better (more expensive) items might make a difference. On the Kawa's though, the particular tyre brand/model and pressure (particularly in the rear) made a big difference to this effect so its definitely worth looking at simple (not to mention cheap!) solutions, particularly if your tyres are getting worn. Even a couple of pounds pressure either way made a noticeable difference.
[ This message was edited by: davidoc on 2006-06-26 19:18 ]