I've put 40,000 miles on my 78' CB750K with an 18" rear wheel and have noticed no ill effects. Be sure to use the sprocket hub from your '77 wheel since the earlier sprocket hubs weren't as tall and your chain alignment would suffer. The taller tire will effectively give you a little taller gearing which improves top end but might feel (ever so slightly) a little sluggish "off the line" to get rolling. You could go up a few teeth on the rear sprocket but mine seems happy with the stock tooth count.