waxing is a good idea... but he's talking 'bout a 1994 monster... it's nearly ten years old so methinks the carbon is beyond wax and i'm betting it looks all gray and dingy by now. most of the carbon sold on early nineties bikes are pretty minimalistic and the finishes aren't the the best quality. i'd bet the resins were just to get by and who'd heard of the autoclaved stuff you can get today? i've already repainted my ducati performance belt covers and rear fender on my 96 900.
i've had pretty good success in bringing carbon back to life with dupli-color clear... found at any auto parts store for a few bucks. it's better than coughing up another $100+ for new parts or paying a professional.
A couple of weeks ago, I wiped down some of my faded CF bits with Penetrol (mfg by Flood). It's supposed to restore dulled fiberglass among other claims. It really brought back the gloss and depth to the CF! No other prep involved.
You can usually find it in marine supply stores. I've had a quart can laying around the shop for years from when boatbuilding was my main hobby.
(Fishing) rod varnish may be another good choice - it's flexible, flows out evenly, clear, high gloss and durable. I just haven't gotten around to trying it out yet.