george, if anything i would need to reduce sprockets to avoid that bracket , but cant go there either as top run is already close to swingarm top.
The whole issue begins with the need to raise the rear for quicker turning with longer shocks, swingarm becomes quite angled compared to stock and at this point the change in chain tension when susp is fully compressed becomes rather big, i.e. means chains has to be adjusted quite slack so it doesnt stretch at full suspension compression. the idler wheel really solves that geometry issue.
Idler sure has bearings, been running similar setup on my Gpz 810, Gpz550 and XTZ 700 supermono, no relaibility issue so far,
Admitedly, none of these ever see much more than 120 mph. 150 mph would be a different story i guess