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The less preload on the rear shock won't make it more bouncy since the dampener will still be doing it's job...
However Ian, don't forget, the stock(read: cheap) shocks that come on our bikes have very little rebound dampening, and so actually with these stock units(and not a good set of aftermarket shocks with a much better and slower reactive rebound action), one DOES get a more "bouncy" reaction the less force it takes to compress the stock units(meaning: the less preload dialed in), and thus these stock units don't "do their job" in this regard.
And as you know, the more "bouncy" the shock, the more "wallow"(in corners, especially) one experiences.
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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