Humidity does in fact play a role,it effects the the true air density. Using your RAD guage you would need to correct the reading for the relative humidty to get a actual RAD. The formula to do this is: Corrected RAD= RAD reading- (S%xRH,divided by 100). S%=saturation percentage,and RH=Relative humidity. Definition of relative humdity:
RELATIVE HUMIDITY:
Relative humidity (RH) (expressed as a percent) also measures water vapor, but RELATIVE to the temperature of the air. In other words, it is a measure of the actual amount of water vapor in the air compared to the total amount of vapor that can exist in the air at its current temperature. Warm air can possess more water vapor (moisture) than cold air, so with the same amount of absolute/specific humidity, air will have a HIGHER relative humidity if the air is cooler, and a LOWER relative humidity if the air is warmer. What we "feel" outside is the actual amount of moisture (absolute humidity) in the air.
Now,I agree that very cold air below 20 degrees is lower in humidity,but you get the most snowfall from 25-35 degrees, btw,snowflakes are made of water. We are talking about trail riding you say and these temps are very often observed.
Water molecules are heavy,and they easily change the air pressure. This is whats done(read) with a weather station, something I bet not 3 members total here own,nor need to for trail riding. Higher humidity results in smaller oxygen molecules being drawn into the cylinders,with water molecules taking up space theres more space between the fuel,air molecules because of the water,this in fact slows down the flame front. The fuel molecules would normally go from one to the other in the flame front/burn process get slowed down by the water not being a part of the process
This is all part of the correction factor used by dyno software, not just your RAD guage and a mikuni slide rule.You also can do alot of things with a dyno but finding your exact jetting wont be one of them as the load applied via the dyno is not the same as what the engine sees in the chassis. I have seen time and time again the guys go to the dyno and they jet the sled for max power and monitor the bsfc, get it setup safe and good power. Take the sled as setup to the track and it wont run rpm or perform good at all,go back to the field tuned/tested jetting setup and the sled pulls correct rpm and performs. Most guys ride sleds for more then a 8-12 second duration dyno sweep. Dyno is a very usefull tool but its definitely not the absolute!