I'm no shorty at 6ft, but still found that the Ulysses tall riding position can catch me out in tight places, mainly due to the lack of steering lock. Anyway, a friend who is building a special XB sold me his surplus forks and monoshock off his stripped down XB12STT Lightning, and I've fitted these to my Uly. These units are getting on for 2 inches shorter than the originals.
Apart from needing to shorten the sidestand, can anyone see any pitfalls with this set up?

Yes...other Uly owners will look down on you

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I'm a Hornithologist, I get excited by exotic birds.........

I believe you now basically have the same set up as an XT

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2001 X1 2009 1125CR 2006 Uly X3 2010 Uly a fully Maz'd S1 and a 1991 RS1200 Westwind.