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that is exactly what i do with that frame.
@hippy i don't think it really makes it much more aero. with that hta a -17 stem looks almost flat. fwiw i haven't had any problems dangling all manner of fred shit off of mine. an added benefit (actually) is that you can have more tire clearance for hanging a big handlebar bag off the front.
zmjones_-
It must make it more aero - you've got a frame that's, say, 700mm bottom to top versus one that's say 750mm bottom to top. With the taller one you then still have a stem on it but it's -17 or whatever to get rider back into position. The taller frame is always going to have a greater frontal area. I've never used a handlebar bag. I try and get most of my stuff on the frame or out the back rather than on the bars.
hippy
Sure, that's obviously the dream. Seems like you're struggling a bit to find something with a low enough stack though. Was just wondering why you discounted that option. Personally don't think I'd notice the difference in handling between a high-stack frame with a -17 and a low-stack frame with a -7 but you certainly ride a lot more than me