I used lowering links from t-rex-racing.com. Also picked up their adjustable sidestand. This lowered the Z by 2 inches. Also dropped the front by about 1.75.
I still bounced over the road since at that time I weighed 145. had the suspension adjusted as soft as possible.
Post-pandemic now up to 150 and, with gear and SW-Motech bags, I find the suspension a little too soft. Getting some front-end dive in braking.I
Still happy with the height. Inseam 28 inches.
So I'd recommend lowering it first, adjust the sag and ride for a few thousand miles. I've got 45k miles on and don't feel a need for new suspension. Only you can tell what feels right for you, but I'd hold off on new suspension until I had 10k or so.
Hope this helps!