That's a frame brace that were typical of what guys (and gals) put on their racing airheads. I think that San Jose and a couple other mfgrs of fork braces offered these as well. Stiffened up the frame a little bit, but I don't think nearly so much of a difference as what was claimed. Still, they aren't often seen anymore.
They aren't "mechanic friendly" as one has to take them off to remove the air filter assembly/get at the starter, etc. without pulling the tank.
Pretty sharp looking bike, though !