For this post engines come in two types.. Heavily Computer Controled and .. Not.
EtOh is not nearly as "potent" as Gasoline when it comes to powering an engine, plus there are some other issues.
Now a fully computer controlled engine may be able to adapt to this lower powered fuel. but a non-computer engine has to be adjusted to it.. That's all I can say. I suspect the Harley si a straight carburator not a compuer controlled electroinic fuel injection device.. but i could be wrong on that.
Even with computers.. There is only so much adjustment.
My belief, shared by many who have the creds to make the statement, is that by the time you factor in the reduction in MPG, the cost of the fuel to prepare the soil, plant, cultivate, harvest, transport, and process the grain into Alcohol to add to the Gasoline... The "Savings" are negative.