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Less ground clearance and harder to see past the car in front of you in
traffic.

'Curly'

1. you attract attention from the cops.  50mm + whale tail is especially
effective at this.  you wanna your whole life driving 55?
2. you rip up the underside.
3. people laugh at you.
4. you gotta spend a whole buncha cash on camber kits /or/ scrubbed tires.
5. oh, and you gotta spend a whole buncha cash on new shocks when your
old ones beat themselves to bits bottoming out.  and after you get
through the 3rd set, you'll figure out that spending the money on those
expensive shortened racing shocks was a good idea.

bottom line:  spend money on making sure you have good tires & good
brakes.  that way, if you drive on the road, you can out-corner &
out-brake the other kiddies [lowered or not] and those dollars will get
you in and out of trouble /way/ better than a single cent spent on
anything else.  after that, look at the motor.  the next most effective
money you can spend there is on an adjustable fuel pressure regulator.
beyond that, go cams and get ready for the real big bucks.  and always
carry a fire extinguisher.