Well for the sake of some accuracy here, I went out to my garage and measured both a 16 inch rear wheel with a Pirelli "Route" 130/90 tire, and an 18 inch OEM rear wheel with a Dunlop 130/90 tire.
The 18inch wheel/tire stands 25 1/2 " tall, while the 16" wheel/wheel is 24 1/2" tall. (plus or minus 1/4", I am drinking, after all)
The key phrase in Gordo's original post though, is that he's short. This was a major problem with CB750's, due to the high seating position a lot of shorter riders were turned away, and bought CB500/550's instead.
The benefit of the 16 inch wheel is that you have more room to drop it further Gordo, with the help of "lowering blocks", which will lower the bike another good inch or so, making it much more comfortable when you get to the lights and have to put your feet down.
Respoke that 16 inch wheel, (plenty of cheap spoke kits on EBay) get yourself some lowering blocks, and enjoy the benefit of better accelleration due to the lower gearing caused by the smaller dia rear wheel! Cheers, Terry.
![Grin ;D](http://forums.sohc4.net/Smileys/default/grin.gif)