After doing a chop on my last monster I plan to do it soon to the most recent version.  I was wondering if anyone knew of or had any experience with blinkers that can fit into the end of the frame (instead of frame plugs), kinda like a 2 birds, 1 stone type of deal.  Seems to me this would look pretty neat.  Any thoughts, comments, concerns?  Thanks.

I think there are quite a few people that have done this. I went with the integrated tail light setup.
There is a really good frame led how-to here:

http://ducatimonsterforum.org/index.php?topic=1333.0

Great, thanks for the link SKOM