I am way better at describing this than actually doing it...but here is my lay up routine. (Insurance ran out Oct 8th, snowed Oct 21 +/-, so I am doing it now)
1. Stabil in the tank. Run it throught to ensure it gets into the carbs and engine.
2. Fresh Oil change. Yes, you want to get rid of the acids, soot, varnish, etc. that the oil is holding in suspension. You do NOT need to change the oil immediately in the spring. The fresh oil in the engine will be just fine until the next scheduled oil change. Ideally, make sure you circulate the fresh oil through the engine on your last ride.
3. Clean & Lube your chain!! and your cables, etc.
4. Wash & WAX the bike. Inclulding wheels, etc. I use some spray wax on the parts that I can't hand wax. This makes it way easier to clean up in the spring.
5. Fully charge the battery, then use a trickle charger or battery tender to keep it charged over the winter. If you can't leave it plugged in the bike, then keep it in a cool place where you can easily charge it. A basement will be fine.
6. Store it on the center stand to keep the load off the tires and suspension. Reduce the spring preload as much as possible. If you no longer have the centre stand, try to jack it up to unload the tires and suspension as much as possible. You springs and tires will thank you.
7. For those who have to store outside, tarp it and figure out a way to keep the critters out.
8. Avoid the temptation to start the beast up, unless you can take it for a full hour or so ride. A short start will help the battery, but will hurt everything else. approx. 70% of all engine wear occurs on startup. Short runs increase condensation in the engine, lead to fuel dilution and soot buildup in the oil, increasing acid formation.
9. I don't believe the oil in the cylinder trick is beneficial. Extra oil on the top of the pistons just leads to additional deposit formation in the cumbustion chamber and possibly piston rings. If it is going to be a long, wet layup, consider a fogging lay up spray for the combution chamber. This will require you to remove the seat & air cleaner, and spray the lay up solution in through the carbs, usually until the engine dies. You will usually need to change the plugs when you restart after storage.
In the sping, give the thing a wash, check the tire pressures, readjust the spring preload, charge the battery again and you should be ready to go.