Its funny really, my Pearson was set up just like yours Dr. very high seat post, flip-flopped the stem, couldn't really say i was ever comfy, did lots of 200's but always felt 'wrong'. then I got all technical, with measurements an all, with these cycling fit websites, and I ended up dropping my seatpost an enormous ammount, It was like yours but take a look at it now< I also flopped the stem back so its flat but now as high as poss. before I used the 'hoods most of the time', now I'm soooo comfy, as I sit lower down, and further back, and now use the straight tops most of the time but can still easily reach the hoods. climbs much better too. Just dont feel cramped any more. Personal comfort is a really BIG subject. When I altered mine to the 'randoneur' fit it felt like a minuture circus bike for a while, then I lifted my seat about 6mm and all was well.
Well, I don't really know what I am doing with fit - the process was that when I got the bike, I was too fat to use the flat stem it came with without my belly getting in the way. Until last week, Id been using the 40deg stem with 2 spacers above it to get out of the wind. The flat stem went back on last week when I realised I'd lost a load of weight, and it was fine now. The seat is up that high because I've got long legs. I don't think my knees could cope with it any lower. The position feels comfy to me, and doesn't cause me any niggles. I did my first 200 on it a week or so back, and got off feeling pretty fresh, like I had another 100 in me. However, in that I am no expert, and am keen to learn, I figured I'd try raising the bars up and popping the seat back...
Initial impressions are that it's more comfy, and my legs feel a little stronger on the climbs (what little there are; I live in Cambridge), but it's harder to get out of the wind... which was why I dropped the bars in the first place. However, I found it harder to concentrate on pushing on, what with all the scenery I could now see. Somehow, despite getting off the bike all relaxed I averaged 27.8kmh over 28.7km. I was expecting the average to be in the 25-26kmh range, given the subjective effort.
I'll try it over this week and compare it to last week's commutes. If I am not losing time, I am gaining comfort and scenery for free.