Came in at 26.2 exactly as you see it, even the GPS! My wheels are fairly heavy (I am fat and can't ride racer wheels) and I have a few other things that will lighten it up some more. Mid 25's is pretty easy, some guys will get them down in the low 24's I think.
As far as 130 being to much travel, it is just right. I was bottoming my Rush out all the time. It also depends on how hard you are hitting things. I still have my SS with a 110 fork, and yes I ride everything around that I ride with this bike. But I have to do it much slower, pay alot more attention to lines. This I can just bomb stuff the way I like to!