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This is one of the worst things you can do for your engine. If you store your bike, store your bike. Running it for a few minutes once every few weeks just traps more moisture in the oil, which is then distributed through the engine. Moisture = corrosion and rust wherever its trapped against your engine's metal parts.Well said! It's been easy, effective and cheap way to store the bike for long period of time. I let the bike run for 5 minutes or so every 2-3 weeks, it was fine.
Before you put your bike away, you should take it for a nice long ride (at least a half an hour) to cook out the moisture. Once you've done that, fill the tank with gas, and then drive it no more than 5 minutes to whereever you're parking it. Add Stabilizer if you're parking for more than 6 months, less than that you don't need it. Drain carbs when you get it parked, and you're good to leave it.
Of course, there are dozens of other things you should do in preparation for storage too, but those are beyond the scope of this discussion. For a very, very good list, look on the Wiki, there is a great link to a "storing your motorcycle for winter" article that covers absolutely everything.