Would definitely drill 4 holes. 2 passes with a drill. You don't want any restrictions in the flow of oil so the emulator is actually controlling compression dampening. Esp since your complaint is about being beaten up.
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I think there might be confusion on which holes we're talking about. On the damper piston, pipe, whatever they call it these days that goes in the bottom of the fork, that thing needs lots of massive holes to make it as unrestrictive as possible. I think the instructions call for six 5/16" holes in each deburred etc... no problem there.
What I'm referring to is little holes in the penny sized brass disc that is the sprung part of the valve. There's two drilled out and two more that could.
I think by what I've read so far and what 670cc had said, a touring setup is good for this bike. So four holes in this part and 2 turns on the blue spring would give the plushest ride. I might start with the blue valve spring per RT's touring setup recommendation.