As far as prep work. They may make you tape over your wheel weights. Some tech inspections do, others don't. I would also reccomend you tape over your speedo, for the first couple of track sections. You want to ride by feel/comfort factor. You don't want to look down and suddently freak out because the speedo says you're doing 90 going into a sharp corner... Cover the speedo and ride by comfort/feel.

Regarding tire/pressure. When you get to the track day, I'm almost guaranteeing you that there will be a guy there selling/installing track tires. Ask him. Let him know you are a novice, and not sure where to "start" your tire pressures. He'll give you a baseline "hi/low" pressure setting based of which tires you have, your limited track experience, and the ambient temps that day. Then you can play with the pressures from there. Personally, I like to start at the "high" end of the reccomended settings, then let air out, since I can do that quickly in the pits and get back out. If you start on the bottom of the air pressure scale, you've gotta find a compressor hose to air up before going back out. Just my $0.02 on air pressure.

Regarding suspension. This one is VERY subjective. I would highly reccomend that you start farting around with your suspension NOW.
First thing. write down where your bike is now. Write down all of your settings so that you can return to "now" and the way your bike is now setup.
I'm assuming you've got the stock rear shock, in which case, there isn't much you can do on the back end. Try raising the rear pre-load up one notch, then go for a ride down your favorite set of twisties. Is it TOO stiff? Then back it down a notch. Still soft? Go up another notch.

You don't say how much you weight. I'd need to know that to reccomend front end settings.


Oh, other advise.
Don't Crash
Let the faster riders pass you (it's easier to pick up tips/tricks following the faster riders
Don't Crash