26 v 29 is hardly a massive difference. The pros and cons of each even out. Why we need a middle option is beyond me.
If we take your statement at face value, you have made the case for 650b. If we assume that on a graph of x=wheel diameter and y=arbitrary measure of "faster" and f(x)=y, you're saying f(26)=f(29). Taking it as read that f(24)f(26) and obviously also f(27.5)>f(29)
tl;dr
If 26 and 29 are equally fast and bigger or smaller wheels are slower, 27.5 is almost certainly faster than either 26 or 29.
If we take your statement at face value, you have made the case for 650b. If we assume that on a graph of x=wheel diameter and y=arbitrary measure of "faster" and f(x)=y, you're saying f(26)=f(29). Taking it as read that f(24)f(26) and obviously also f(27.5)>f(29)
tl;dr
If 26 and 29 are equally fast and bigger or smaller wheels are slower, 27.5 is almost certainly faster than either 26 or 29.