Got any speed bumps up there? Ground clearance isnt too good, now. Pegs grind having fun in 40 MPH corners. You want it sitting lower? YOu mite wanna lean that dude over & look at where youll have pegs hitting. Measure how far pegs drop when ya sit on it. When youre cornering, suspension sets some, so, its lower by a bit more.

If.......you want the rear end lower.....you really need shorter shocks and cutting the springs is not a good idea.  We only have 1.5" of travel in the stock shock, and that is not enough travel and it is common to bottom the shocks out.  Cutting some spring away will only make the shocks bottom out easier.

As said,.. you will loose cornering clearance...
You will also get a harsher ride...
...and... any time you feel a spine jolting thud,.. you are loosing traction... because when the shocks compress fully, the result is a bounce... there is no traction when your wheel is airborne...

What this means is...
lowering a bike is purely cosmetic... it is fashion... and fashion has a price...
Suspension, is a performance mod... it is about keeping tire contact and keeping traction... (comfort is just a side effect)...

I like both.. performance and comfort... so I like good suspension...

I also have a silk scarf... but, it don't slow me down......

I dont think I will be following through on this project.

Im glad to hear that. Other things to put your time & $$$ into. YOU were looking at embarking on spending $$ to vandalize your own bike,
Now you can spend that $$ on a Versy & doin a muffler swap & tuning it, maybe lighten it up some, slip a cam in it, hey, its a rockin little bike.
You Might just decide to raise the rear up with some better shocks.
You a short guy? What inseam on your pants?