Well it's been a couple of months since I replaced the front fork springs, rear shocks and springs with Progressive Suspension parts. I thought I'd give you all some honest feedback on the current setup.
I've put a few hundred miles on the 550 since then, no long trips and no trips with any significant added luggage weight as I haven't yet mounted the luggage rack, top box and panniers. The setup is quite stable on the road, I've had the old girl up to 99mph GPS where she is solid as a rock with no hint of a wobble or instability. But overall I find the current setup to be a bit stiff.
I'm not experienced enough in suspension feel to know exactly where the stiffness is coming from, but it seems like the rear end. For example, when I go over a speed bump it's kind of jarring, particularly when the rear wheel goes over. When riding a road with a pattern of small bumps (like a concrete road with expansion strips) the regular bumps are more than I am used to to feeling compared to my other bikes. BTW, I'm 230 pounds without gear, maybe 250 with ATGATT.
My "too stiff" rating is in comparison to my other bikes:
2010 Tiger 1050 with an Ohlins rear shock and front forks redone by Cogent Dynamics. What a difference in comfort and handling this upgrade has been for the Tiger! Rick at Cogent is a great guy to work with and is passionate about customizing your bike's suspension to fit your needs. This was the best investment I have made to the Tiger. I'm spoiled I suppose.
2013 KTM 690 Enduro with stock suspension lowered by a Koubalink lowering link and dropping the forks about an inch in the triple tree. This bike handles well both on and off road, she eats up giant holes on dirt with ease and sticks to the pavement like glue in the twisties. No need for any upgrades to this beast!
Overall stability and handling is great, I just wish the bumps were less noticeable. I'll live with the current setup for a while and reevaluate after the bike is set up as a long distance touring bike which will include luggage rack, top box, panniers, packed with all the gear necessary for a few day's ride. If afterwards I still find the stiffness to be too objectionable perhaps I'll enlist the services of Cogent Dynamics to improve things. I considered going directly to Rick in the first place for my suspension upgrades but my stinginess led me to a less expensive first option. Perhaps that will come back to haunt me in the long run. But in any case the current setup with springs appropriate for my weight is a vast improvement over the OEM shocks and tired old OEM springs.