I haven't had to bore out centrebores before so I don't know what the limit is! Good to know though, cheers.
If you really like the wheels, you can still go for them, but you'll have to spend a bit more getting smaller tyres and having the machining done. Really depends on your feelings for them haha. 17's are doable without rolling; you'd just have to stick with a similar width/offset and tyres that have the same rolling diameter as your 14's.
evorobin who's also in Adelaide can definitely hook you up when it comes to the suspension side of things. There have been quite a few posts on what setups to get, whether it's the conventional cupkit or adjustable coilovers. Personally, I would go down the suspension route first, then wheels. You'd be surprised how good a lowered car looks, even if it's still rocking hubcaps haha.
For reference I have 17's with 205/40 tyres on a 2inch eibach drop and sachs shocks and have never ever scraped..I also agree with Ray, drop first then rims. I know a lot of people dont agree but www.tempetyres.com.au is hella cheap for 17in packages.
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