Story of my life is that I would find the key ten minutes after I cut the lock off.

 

You can get a pick set for those cam lock on eBay for like $20. I just picked my buddies ignition switch lock with the barrel key using a cheap 12piece pick set I got on eBay a while back. Now he has talked me up to the dealership and I have to set an appointment to meet with their mechanic and talk to him about picking 5 fork locks he had sitting in the back on trade-ins . The bic trick may with on Saddle bags etc but if you lose you ignition key your gonna need something more significant to do the job. There are videos on you tube showing which pick and how, hit the pick comes in a set of 3. He will show you how to set up the pick and use it in the video. There are more showing how to single pin pick a Harley ignition using the barrel key. It just takes the right tools and a little patience, just like any lock. Pay special attention to the tension wrench, it's just a just any one you can fit in the hole. It kind of looks like a thin hex key with a "L" on the end. But, better to be prepared than locked out of your own bike.
Guys I'm speaking from experience, this is definitely doable. My first one took a while 5 minutes max, and that was the ignition cylinder.

 

That was a clear ,concise reply chock full of valuable information...i just hope after 7 years the op still needed help. Lol..i know it's not a record but 7 years has got to be in the top ten right?

 

I hear ya bud! Time isn't always a indicator although it should be. But when it comes to this it's just as much natural ability as it is a learned skill. Kind of like mechanical inclination. Books, lessons and You Tube are great, but if you weren't blessed when momma made ya none of it will do you a drop off good.
I am one of the lucky ones that can look at something and my brain automatically starts pulling it apart. But I'm not a mechanic. I am just naturally able to work on and fix mechanical items. It haha from my lawnmower to my truck, computer, plumbing, electrical, carpentry and anything else. Mainly if it can break I will get my hands dirty. I unfortunately it makes my phone ring way to much and root the most part at a time when I'm more likely to answer it with a hammer than a hello.
Once i started picking locks it goes a switch in my head. Here is something I can learn during in my lazy boy watching TV and not pay the first bit of attention to what I'm doing. I figured out that she just for me the more I can keep my head out of it the more successful I am. Granted you need to take time to practice your your technique where you actually focus but once you have some experience then you can sit in front of the TV zoned out with a box of locks in your lap and another box on the floor. Pick one in your lap and put it opened, so they is no doubt you picked it later, in the box on the floor. But for the most part it's having the right tools and plenty of patience. Then it's practice, practice, practice. Once you pop your first you will be addicted. That should, the first metal "Clink" and you will be chasing it time after time. But if you're gonna be addicted at least it is to something useful. I am even teaching my 18 year old daughter. As long as it's not being used to break the law I'm all for it. It teaches her how to get pass that locked door should the world go completely shot out and it removed the illusion that she is safe behind a locked door and shows her exactly how easy it is for anyone who wants to do her harm or relieve her if her hard won possessions to make it so. That way she can be better prepared to take the steps needed to protect herself and guard what she works so hard for.

I know it got a little personal, but it is what it is. Anyway, I hope this helps someone. With $20 you can hopefully prevent the scratch on the fender or anywhere else, or having to replace a drilled out or cut off lock.

This is the exact one used in the YouTube video where he picks the ignition switch on a Harley Davidson. I bought them on eBay for less than $20. And I bought them specifically to take to the Harley Dealership to pick the ignition on a few trade-ins they are having problems with and don't have the keys to. You don't need a tension wrench with this, the pick does the work of the tension wrench too.

There are plenty of videos on YouTube that will teach you how to use this as well.

This is a 7.5mm 7 pin tubular pin and tumbler lock pick tool. Just wanted to show the pins extended to give you an idea how it works. These pins depressed the pins in the lock just as the key would. When they are all in the proper position above the sheer line, the cylinder will turn.