OK, steerer cut, tyre and tube bought, everything assembled. First ride tonight was smashing. It handles like a 'normal' bike with no flop. Main issue is dealing with the disparity between small and big wheels, a little tricky on a singlespeed. I almost stuck my nuts in the stem on a climb earlier, as the front wheel rolled over a root and the back one hooked up. Oops.
Other than that, very nice. Not much gnarl on Leith tonight (I went past, but not over, deliverance), but the feel is somewhere between my normal Rebas + 26" wheel and a P2 + 26" – the bigger wheel definitely absorbs a lot of stuff it wouldn't otherwise. A tiny bit of wrist buzz, mostly due to me trying to pump the bike into corners a bit too hard – too many years on bikes with suspension forks, mostly 😉