As long as the pads and calipers fit the reduced-diameter rotor properly, and you don't lose any swept area under the pads, I fail to see how taking approximately 1/4" off the radius of a rotor would create a safety hazard. It's probably worth cutting up one rotor for a trial fit just to see how well it works. Find a junk rotor at a salvage yard to do your cut-n-try work before you butcher up any new ones.
Jerry
Last edited by Hotrod Lincoln; 01/30/2011 4:50 PM.