Getting back to lightness: yesterday I must have ridden, ooh, at least a mile, up a little hill and back again just to check the gears. Unusually, I had an absolutely empty saddle bag, and it reminded me how different the bike feels when it's lighter: it's not so much that it's faster, but it's more responsive and seems to handle better, floating over the road. It's probably weight distribution as much as absolute mass, but I'd say it's definitely worth clearing out your saddle bag as much as you dare.