your chainline will be about 5mm further to the right, which will make the chain run at a much larger angle in the middle and in particular outer ring in the mid-lower gears on the cassette.
The front mech might not have enough reach to go far enough across.
You can help (pretty much sort with a 68mm shell) with the chainline by putting all your BB spacers on the left hand side of the BB shell, but this may cause your right crank arm to foul the chainstay – all depends on the stay design.
Hang on, I’ve just realised you’re thinking about ditching the smallest ring on the xt cranks. What are you trying to achieve with this set up?