Sliding the tubes up will quicken the steering, if there are no other frame changes. I have done the same on a HawkGT. I had no clearance problems with the exhaust or the frame. But, after sliding up 10 mm at a time(as I remember, could have been 20 mm), I had a bike that I could not ride in a straight line. Mind you, it cornered very well, but riding fast in a straight line was scary.
I would suggest slide the stock tubes slowly(say 5 to 10 mm at a time), so you will not be surprised. I had a lot fun doing it and I may try it again in the future.
Steve