Call me rude and cynical, which I am, but if you have the skill to safely carry out these massive modifications, why are you asking other people instead of doing it and then showing it off?
Do you think this is some modification that's done a lot?
I am sorry if it offends you but I don't really care, bike forums are full of theoretical mechanics dreaming up these schemes trying to make a silk purse out of a sows ear, or a GPwinning bike out of a 1956 Pride and Clarke reject.
Do it, ride it,then show it off if you don't die on it.
By the way have you read your insurance quote where its asks "has this machine been modified in any way?"
Good luck, bring it back later.
telescopic design has been used to provide load bearing with sprung damping.
It's a machine not an animal, and 5000k mile a year [or 95 a week] is nothing, I used to do well over a 1000 a week as a long distance despatch rider in the 1980s, on a RT BMW, and a Honda CX, funnily enough both had the despised tele forks.