It looks more severe in photos than it really is. It keeps the original geometry of the yamaha seca's rear. The front isn't actually lowered. So the steering geometry should be close to the original.
I can't remember what the hubs are. He got them from Italy - there aren't many of those floating around yet. That's his new thing....he only has a minimal amount of cash in the actual bike - it was already rebuilt to an 836. All the money is tied up in the hubs, rims, spokes and of course the CR carbs.
I'll try and get him to snap some more photos - this was pretty much accomplished over the last week.