although I'm not sure about a 530, I believe that oil anaylsis on say a 250f or 450 are of some merit as doing them every oil change or even every other oil change will help tell you when its fixing to go boom and kindly suggest that its time for a rebuild.
While there is some validity to your statement it will go unnoticed... 1 because you need to have a base line to start from, 2 your bike will go boom long before you get your analysis back...
A properly maintained stock motor who's owner follows the strict maintenance and specs will never blow a motor...
Ask me how I know! Ask SRAD how many airplanes fall out of the sky because he didnt follow his spec sheets...