A couple years ago my bike went down and broke off the screw that makes the switch. After hearing the sidestand rub the pavement a couple times I promptly replaced that screw.
On another note. Some earlier bikes, the Daytona and the Quota, for instance, have a different screw upon which the sidestand pivots. This screw has a doohickey that sticks up and puts a bend in the spring such that as soon as you lift the bike the sidestand pops up.
Your bike looks nice. I wonder where I can get my covers painted red or possibly gold.