Yeah I have the type 2's. I wonder if the guy with the bloody thumb just needed to rotate the bars up a bit. Mine are pretty much parallel with the top triple tree.
Like I said i have TONS of clearance. If i were to rotate them lower, its way too awkward feeling. The only way i could smash my thumb was if i had my thumb on the horn button, and had 1 1/2 thick thumbs. LOL
Check out this nice install of the bars on an S3. Its not my write up...but a nice one with pics.
He too has 1 1/2" clearance to the tank at full lock.
http://home.comcast.net/~fndrtele1/bars/
I think the other guy with the bloody thumb just needed to move them a bit. ( now that you mention it, I do remember seeing pics of his bloody thumb.)
-Jay