I have a wet nitrous kit I'm installing into my 650sx this week. As the above guys slightly touched on, a wet kit will inject fuel to compensate for the increased oxygen being injected (nitrous being 33% oxygen) so that the carbs will remain tuned despite the increased oxygen. My kit is setup so that the fuel pump is connected to a T in the fuel line going to the carb. I am not using nitrous for top end power, but for lots of bottom end torque. I will start at a 10hp boost, which at the altitude I ride (5000 feet) will roughly bump me to a sea level equivalent power output. My solenoid/pump switch will contact the end of the throttle arm and be spring loaded, so that the throttle will have a distinct "tightening" indicating that WOT is about to be hit, which will also engage the solenoids/pumps (assuming the arming switch is open).
This is the kit I'm using:
http://nitrousdirect.com/motorcyclekits.html
It's designed for a single carb motorcycle and comes with everything for $500 including a 2lb bottle. Though I already did considerable research beforehand since I was planning on building a system from scratch.
Again, I will be starting with a 10hp boost which even if left on will only be the equivalent amount of work on the engine as if it were at sea level. I just want to see how it works, and see if I can throw out all the water that's in the pump during a 0-3 second "pop" of nitrous. I am also interested to see how the expansion chamber (Factory Pipe in my case) will resonate when it's getting the boost. My bet being that it will resonate fine with the increased 66% nitrogen output (since the atmosphere is 78% nitrogen to begin with).