NOOOOOOO do not use it! i actually read my manual the other day [:0]
it says you are supposed to stay away from ethanol, but if you must use it E90 (i.e. 10% ethanol) is the highest the manual says is safe to go.
now although it says you shouldnt necessarily have a problem with 10%, but ethanol hasnt been in mainstream use in motorcycles (to my knowledge?) all that long, so i am personally staying away from any of it.
i dont remember why, but check that mysterious booklet that came with your bike for an explanation.
==============
UPDATE
i found this online on a thing about kawasakis, but as i remember it its straight out of my manual:
"Never use “gasohol” with more than 10%
ethanol, or more that 5% methanol.
Gasoline containing methanol must also
be blended with cosolvents and corrosion
inhibitors."
"Avoid using blends of unleaded gasoline
and methanol (wood alcohol) whenever
possible, and never use “gasohol”
containing more than 5% methanol. Fuel
system damage and performance
problems may result."