While I mostly agree with your post, I disagree with you on Moulton. I would say the Moulton experience demonstrated that it was possible to make a comfortable riding bike with small tires but not a fast one. Moulton bikes are not fast. The small wheels were banned not because they were fast but because they thought it gave the riders an advantage in drafting behind larger bikes. Again I would refer you to Bike Quarterly's review of the Moulton speed. The only legitimate record the Moulton holds is with the fairing and that is because the shape of the frame and small wheels gives allows for a lower profile fairing to be used.