I have 170s now on both bikes (FS trail bike and gravel bike) for the first time, I’ve always had the default 175s.
I’ve found no drawbacks – but two very noticeable benefits.
A) – Increased ground clearance with low BB trail bike – prone to rock strikes as it is, the shorter cranks have lessened this.
B) When I changed to flat pedals I needed to drop my saddle height a few MM to make up the difference – this was impossible as the Reverb post is slammed in the frame. Changing to the shorter cranks gave me the shorter saddle – pedal distance I needed.
Means I can ride the large size (I.E. longest) frame, with the 5″ travel dropper, but still fit my comparatively long torso/short legs.
I am definitely interested in trying 165s next!