Don't worry about the bike.
You can drag centerstand, pegs, and even gear shift and fairing.
Dragging parts is a sign that your going in too hot. If you make it a habbit, eventually that peg will stick, left the rear wheel, and down you go.
The thing to worry about is YOUR skill and ability. Take slow steps building your skill. It won't take long to be too fast to be safe on the street. Then you need to think about track days.
To UNDERSTAND the whats and whys of bike performance, there are several good books. Sport Riding Techniques, Twist of the Wrist I and II, and others.
I would reccomend you read all you can, take baby steps. If you feel fear, there is a reason, back it down. You should be in control at all times.
The most important thing is to be comfortable while having your fun, so that you may continue to have fun in the future. Mistakes while riding are not very forgiving.
Enjoy the LT !!
2008 BMW R1200RT 7200 miles
2005 BMW R1200GS 13000 miles (Sold)
2002 Yamaha FZ1 (Sold) 11000 miles
2002 BMW K1200LTC 29900 miles (Sold)
2002 Yamaha VSTAR-650 Silverado (Sold) 9100 miles