836cc with a good torque cam to keep up with the other bike.
17:48 work well on CB750.
16 front, what about clearance to swingarm?
My K6 has 18:48 since it has much more torque thanks to 1005cc.
I haven't read anything about being mindful of clearance to swingarm.. is that an issue when changing front sprockets?
If sprocket diameter is smaller, chain might scuff the swingarm.
16 might be OK, one thing to verify.
The bike might not run quicker wirh that gearing, just a pathetic screamer.
I knew one guy in the mid 80's with a CB750 he revved very high. It did not accelerate much, just screamed as it was zero torque and totally wrong gearing. D cam ported head, maybe 812, 820 or 836.
If you need to keep up with other bikes, 836 and more is needed.
I have a stock K2, it runs fine with 17:48 gearing.