For the strangest reason, that seems to have happened only to bikes coming your way. Never happened to the few 25/26 STs my old timer mechanic is tending to and have been running like that for quite a while. He's been wrenching on Hondas for over 50 years, has many friends at Honda and when he inquired with them back then when 25/26 started raising his sinister head, they flat told him "Keep on riding, we ain't doing nothing about it". No mention of the above doomsday scenario!
I know very little about electrons, even less than you if you think it is even possible. I think current going one way while electrons are definitely going the other way is akeen to voodoo and too scary for me.
But still, what Mr. Shadow is most diplomatically offering in a prior post makes a lot of sense, even to me. I encourage your trying to digest it.
Not sure why your comment "that seems to have only happened to bikes coming your way" is directed towards me.
I'm also an old timer mechanic who's been doing it about as long as your friend, and also has friends in the industry.
Your comment about his People telling him to Keep on Riding it, we ain't doing nothing about it, made me laugh

I've heard so many master mechanics telling folks stupid stuff over the years...."that grinding noise will go away when it beds in"...."the rear brakes always smoke when new"....the brake system never needs to be flushed or bled unless the system has been opened.....just put a piece of tape over the warning light, etc.
I know even LESS than you about electrical stuff, which is no secret to anyone on this forum.
If I see a wire harness chewed by a rat, I go running down the drive way screaming like a little girl
However, many folks have tried to fix these PGM-FI units to no avail.
And most of the claimed fixed involved simply disabling the idiot light.
Which sounds to me like what cutting or disabling this wire would do.
I often wondered why they called them idiot lights...was it because the owners were so clueless that they couldn't tell the bikes/cars were running poorly for some reason, and needed an idiot light to bring it to their attention? or was it because when a warning light came on, and folks ignored it

I've been seeing as many as two to three ST's come through the garage every month, so maybe I just see more than your mechanic does.
Maybe I'm not of the camp to "rub some dirt on it, it'll be fine" keep using it group.
I don't ignore warning lights, and sure don't tell folks to ignore them and keep operating their bikes until they sort it out.
Maybe I'm in the camp of In a world of compromise some don't.
While I think its Great that folks who are VERY knowledgeable about electrical stuff are trying to help us, I just don't think bypassing a warning light is a fix, and more of a band-aid than anything else.
This is just MY opinion, and nothing more. Take it for what its worth.
Sure, the bikes can be ridden with the light on, or even bypassed, but you MAY/COULD be risking further or worse damage if you continue using it.
I've seen first hand, many melted knock sensor switches, wire harnesses, and melted body panels from excessive heat from riding with the light on and ignoring it.
Its up to the owner how he uses his idiot light.
Once a light bulb flickers and goes out, I don't have much hope or faith that someone will be able to fix it again.
I may be wrong, as I often am.