I doubt if the type of cowling would affect the egt it would perhaps have more of an affect on cht which is slower to react to engine temps. An egt reacts to changes almos instantly, eg. if i go from 1/2 to full throttle when accererating the egt can drop 150 to 200 degrees in a matter of seconds when the main jet comes in tho play.
It has been said before but it is very helpful when setting up and is a great indicator of what is happening and to warn of any unforseen changes while you are riding day to day eg. air leaks.
Mine runs between 400 and 600 deg. depending on throttle position if it goes above much 650 that is the start of the danger zone.
The position of the sensor is 100mm but check with manufacturer.
I see from your avatar your a brummie, if you go on the mid scoot runs i could show you mine

egt that is!
Russell
When i was young my Mom said "if you haven't got anything nice to say, say nothing at all " ..................... and people wonder why I'm quiet around them !