It's incredible how many people on here, frequent riders, are arguing against one of the basic principles of riding. Increasing speed decreases turning radius?!?! That must be why we all slow down for turns, right?
The arguments about weight transfer to the front causing loss of traction only applies if you don't have good throttle control, which the technique assumes you have figured out. Tached posted up a technique everybody on this board should know. If you don't, you should learn it.