Well since I started this post I guess i should report back. I decided to keep my hard line for looks and function. I did buy a line from HEL and spoke to them twice. Very professional people, and the hose fit perfectly. It is thinner than the stock line. I have a suspicion that the inner diameter of my old hose may have been smaller than you would expect. The old hose may have been layered in thick cord and rubber to handle the anticpated pressure. The Stainless wrap eliminates the need for that bulk. I have not road tested it yet, but the lever travel handle is about an inch rather than 1/2 full travel. Nice part is, it matches the the clutch cable for a neater look.
I'm appreciative when topics are sort of 'tied up'. It's good to read what folks did (or didn't do) or what they learned.
Everyone has their own taste, and I'm glad you opted for the route you did. Now that the weather up here has been decent enough to allow for some riding, I'm even more pleased with my over-winter brake modifications. The front brake is so much more positive and direct - it feels significantly better. There is no doubt in my mind now, too, that the drilled rotor has made one heck of a positive difference in stopping power in damp, wet, and extremely wet road conditions. The steel line helps too, I'm sure. It's all firm, tight, and good. I can stop far better now, and I could stop quite well before. As for changing from DOT 3 to DOT 5 fluid - everything feels fine so far, although I suppose time will reveal whether or not the DOT 5 negatively impacts any seals or rubber parts.
Call me crazy, but the only thing I might do in addition, is to paint that front caliper metal pipe, a bright yellow. I painted the rear drum mechanical brake control rod yellow, and it looks pretty good. I think I'll do the same thing up front, and see what it looks like. (I painted the rear rod yellow because I just wanted something easy to see when I glanced at that part of the bike. It's an important part, and I like to be able to assess it visually, quickly and easily. I find the yellow helps me do that.