I never wanted to show my stupid side in public, but damnit, what the hell are those wristband lookin things for, that go on the brake and clutch fluid resevoirs ?

 

They are there to absorb any excess fluid that may spill out, or boil out from high heat. It keeps the brake fluid off of the rider, the paint, the ground, etc. The caps are vented, so even if you tip it over, you risk losing fluid.
That and they look cool

http://www.trademarkmotorsports.com/hrc-covers.html

 

Thank you Oden... I`ve had my bike for some time now and never noticed that the caps were vented..... And yeah, they look cool