sure bigger might be better but most racers round here, fit 08's to 750-1100 class bikes, and 05's to 250-500's. nothing to prevent you from fitting 08's to a 550, but there are excellent pads for 05's too and my bike pulls stopies with them. not less important for me at least.... in swap markets here in italy, 05's cost less than half than the very much sought after 08's! way easier to find them at least here.
they were fitted to many small benelli's too BTW