You know, we never used to have fuel gauges on motorcycles... When it stopped running, you flipped the petcock to reserve and you were lucky to get 10 miles. Everyone was mostly happy with that. You looked inside your tank to see how much fuel you had before a ride. Now we have fuel gauges and you're all paranoid about running out when the light comes on, even though you have 1.5 gallons of fuel left and an easy 60 miles of riding at moderate highway speeds.
@Madhatter - High altitude generally allows for better mpg. The sea level riders, (me included), would see 40-46 on average, some a little better. But the Colorado riders easily into the 50-55+ range. Lower air pressure means less fuel is needed. It also means less power, but we have so much over what we need that most don't notice that impact. As an example, I used to drive a car with 300 rwhp and it would do 10's in the 1/4 mile at sea level, but 13's at 5000' elevation. Even turbocharged, you just can't get as much air into the engine. Less air = less fuel needed for stoichiometric fuel ratio. All EFI engines with O2 sensors are aiming for that same mix. Not true with carbs that are adjusted to a fixed setting, thus run rich at higher altitudes w/o changing jets or adjusting mixture.
@Pole_Position2034 - where is the rest of the fuel? Right there in your tank. It holds all 23 liters, you're just filling up early. The low fuel light is just that, a low fuel light, not an empty light. When you know how far you can ride to empty on your bike, with your riding style, then you have a number that's useful for you. Sure, if it's windy or you're going faster than your average speed, you'll burn more fuel and get less miles from a tank. Conversely, if you're riding slower than your average, you'll get better mpg and more miles from a tank.
If you just day ride, none of this matters. If you travel, it becomes more useful to actually know how far you can go on a tank of fuel. Put a full 1 gallon gas can on the bike and ride it to empty. That will tell you a lot. Dump in the gallon of gas and ride less than 40 miles to the gas station and fill up.