Well dirt bikes are also significantly higher than street rides of course thus why at least for me nearly both cheeks are off on a dirt bike haha but yeah I honestly never bothered lowering my street bikes, kind of defeats the purpose of it all.
But to answer the second part of the main question to Baltazar, if you decide to lower it, all you would need is the lowering link and also adjust your front fork height at the triple. Also welcome to the R1 side man, I also went from a K7 600 and onto a 07 R1.