I've been fretting over the swing arm maintenance on my bike since 7500 miles (nearly 18k on the ticker now) and when I was gonna get it done. I checked with my local shop to ask how much they wanted to do the swing arm and driveshaft....well, their answer convinced me to do it myself ($400 - $500).
edit - 2-22-07
CaddmannQ is a forum member, and the person the Caddmann Mod is named after, he has an addendum to the swingarm bearing maintenance and drive shaft lube. red the inserted quote post below
Much Much Much thanks goes out to the laymans write up on Gadgets site for;
Rear Tire Removal
http://www.gadgetjq.com/reartireoff.htm
and
Swingarm Removal
http://www.gadgetjq.com/swingarmremoval.htm
I also used my Clymers manual for thier pictures to cross reference with Gadgets write up. The two together made for a easy job.
So lets get to the process
First I stripped my bike of its seats, bags and side covers, got it up on the lift and strapped down good and tight. In this Picture you can see I still had on the bag support brackets and the right side cover, they were soon off.
Next I removed the rear brake caliper by removing the two allen bolts that hold it in place, then I swung it out of the way Note - Allen Bolt Toruqe - 24 ft lbs
Next, I removed the bolt holding the calliper bracket in place and loosened the castle nut on the axle Note - Caliper Holder Bolt - 47 ft lbs
Here you can see the bracket loose, notice the spacer (yellow arrow) be careful to not damage or mess up the spacer
Here I am removing the spacer
To loosen the castle nut on the rear axle, sorry, forgot to take a picture, silly me. There is a bolt on the left side, on the final drive case that you have to hold while your loosening the castle nut. Here you can see the drive shaft loose and pushed out the left side of the final drive Note Rear Axle Castle Nut - 80 ft lbs
Next the rear tire came off. It takes a bit of wobbling it back and forth the get the hub off the drive spline. Here you can see the final drive unit without the tire. Notice the yellow arrow, it is pointing out the rear axle and spacer inside the final drive.
Next step is to loosen the left side shock from the final drive, right side comes off later tho I dont think I got a picture of that....easy to do, just one bolt below. I also loosened the upper bolts so that the shocks were free and easy to move out of the way when needed. Note: Shock Nut Torque - 25 ft lbs
Now it was time to remove the final drive case. loosen the 4 acorn nuts, as the nuts come loose, the drive will move towards the rear of the bike, this is ok and expected, there is a spring in there to keep pressure, it pushes as you loosen the bolts. Note - Final Gear to Swing Arm Nuts - 25 ft lbs.
Final drive is off and in my hands. There is a vent hole on the backside of the casing so be careful how you handle the unit so you don't spill gear oil all over the place.
***Continued***
edit - 2-22-07
CaddmannQ is a forum member, and the person the Caddmann Mod is named after, he has an addendum to the swingarm bearing maintenance and drive shaft lube. red the inserted quote post below
CaddmannQ said:Hey, guys, long time no post, eh?
Recently I changed the "defective" U-joint in my 2004 Nomad, and have posted details and some photos here:
http://forum.motorcycle-usa.com/default.aspx?f=25&m=37898&g=319693#m319693
Look for the posts starting "day 1268", about half way down the last page.
(This does not include the driveshaft removal as that's been well covered elsewhere.)
Anyhow, this would save you about $250~$300 + labor over having a dealer do this, as they will only change the entire driveshaft.
Of major interest is the reason why I changed the joint: It appeared to be getting stiff on one axis, and I thought the needles hadn't been properly lubed at the factory.
In fact the cups were binding on the spider a bit, as one of the cup bores in the front yoke had not been properly de-burred at the factory. When the circlips were installed it sucked the cup in just a bit tight causing the bind.
Disassembly of the original U-joint revealed the bearings to be still perfect condition and well lubricated.
Much Much Much thanks goes out to the laymans write up on Gadgets site for;
Rear Tire Removal
http://www.gadgetjq.com/reartireoff.htm
and
Swingarm Removal
http://www.gadgetjq.com/swingarmremoval.htm
I also used my Clymers manual for thier pictures to cross reference with Gadgets write up. The two together made for a easy job.
So lets get to the process
First I stripped my bike of its seats, bags and side covers, got it up on the lift and strapped down good and tight. In this Picture you can see I still had on the bag support brackets and the right side cover, they were soon off.

Next I removed the rear brake caliper by removing the two allen bolts that hold it in place, then I swung it out of the way Note - Allen Bolt Toruqe - 24 ft lbs

Next, I removed the bolt holding the calliper bracket in place and loosened the castle nut on the axle Note - Caliper Holder Bolt - 47 ft lbs

Here you can see the bracket loose, notice the spacer (yellow arrow) be careful to not damage or mess up the spacer

Here I am removing the spacer

To loosen the castle nut on the rear axle, sorry, forgot to take a picture, silly me. There is a bolt on the left side, on the final drive case that you have to hold while your loosening the castle nut. Here you can see the drive shaft loose and pushed out the left side of the final drive Note Rear Axle Castle Nut - 80 ft lbs

Next the rear tire came off. It takes a bit of wobbling it back and forth the get the hub off the drive spline. Here you can see the final drive unit without the tire. Notice the yellow arrow, it is pointing out the rear axle and spacer inside the final drive.

Next step is to loosen the left side shock from the final drive, right side comes off later tho I dont think I got a picture of that....easy to do, just one bolt below. I also loosened the upper bolts so that the shocks were free and easy to move out of the way when needed. Note: Shock Nut Torque - 25 ft lbs

Now it was time to remove the final drive case. loosen the 4 acorn nuts, as the nuts come loose, the drive will move towards the rear of the bike, this is ok and expected, there is a spring in there to keep pressure, it pushes as you loosen the bolts. Note - Final Gear to Swing Arm Nuts - 25 ft lbs.

Final drive is off and in my hands. There is a vent hole on the backside of the casing so be careful how you handle the unit so you don't spill gear oil all over the place.

***Continued***