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So at the risk of looking like an idiot, I'll share a little story with you to maybe prevent anyone from making the same mistake.  I decide to get back into riding after 20 years, and buy a new, 2009 Xciting 500 from my local, multi-brand, full-service dealer.  The last bike I had was a Honda Shadow 1100.  So I pick the 500RI up, bring it home, and like the way it rides, but notice that when I let off the throttle, the speed really dumps.  I let this go for about 150 miles, when I decide to give the bike a full systems check.  I had 15psi in both tires. 15psi!!  What kind of dealer lets a brand new ride go off the lot with half the tire pressure?!  Hey, the fault is all mine for not checking, but still I assumed, and we all know what happens when you do that.  Now with the proper tire pressure(33psi), I love the ride! It's a totally different bike. I just hope I did not shorten the tire life too much.

Thanks to all for the help.  Once I put the bike on the center stand, and relieved the pressure by putting a block under the tire, the bolt came out fine.  I did not have to remove the bottom bolt thankfully.  It also helped by using a flat headed ratchet.  Case is now installed .  Now onto wiring the light kit for the brake and turn signals.

Very cool indeed.  I am installing a Givi 450 case this weekend, along with a LED lighting kit from AdMore lighting, which will incorporate running, brake, and turn signals.  I had to call AdMore however in that it seems Givi has just changed the mold on the 450 and the kits need to be modified slightly.  I will add some pictures after I am done.  Like to get those lights up to eye-level with car drivers.

Thanks for the follow-up guys.