And one of those tools.......the A/F numbers. You make any kind of change to your ride from it's stock configuration you don't know what your A/F is without the dyno graph.
The dyno also tells you where, in the powerband, your power or torque is coming on and where it's dropping off. If you're looking for low end torque (most of us are looking for that with a heavy bike), how are you going to know if you have it coming on at 2,800 or at 3,200 by "seat of the pants"?
Study dyno sheets and ask a lot of questions (just like this one) and you'll learn a lot more about your bike than you do now.
Let me use HD Dude's bike as an example. He has the Freedom Package, the same as many others on this site. He got good performance out of it. But finally decided to ride to Freedom Cycles in Reno to have them "dyno tune" it. They squeezed out a few more horsepower and a few more ft. lbs of torque.......that's why you dyno tune......to get all that you're paying for.
By the way.......a good question for somebody who doesn't know and you asked it on the right web site (get good, clean, honest answers here).