Thanks for your advice guys. Last night I was practicing for about 2-3 hours and I noticed that if I roll off and on the throttle a little slower and ease the clutch out a little slower, but do this entire motion a bit faster, the bike shifts like a friggen charm and takes off like a rocket! Funny, I seem to do better on the bike when I don't think too much into it....
As far as damaging the clutch, tranny, gears....sounds like it's pretty hard to do that unless you really hammer on it bad, eh?!?