1. might work if you were racing on 100% pure flat concrete.
2. hate to tow a trailer with a 1.6L v10 .
3. need to find out what your weight balance is first. then you need to get it at the right height, and get it centred so it doesn't affect your left/right balance. but you'd be better off relocating current parts to help the balance. then retune your suspension.
4. as ash said, legality, and to maintain power. you will hear people talking about 'tuned length headers'. you need a certain length of exhaust to create a scavenging effect. this syphons the air out of the chamber.