Boostin97SE-R,
I lowered my Z06 on the stock bolts (3) days after I bought the car. I would have done at the dealership if I my jack and mobile tool box. 10X better look in my opinion. The C5 Z06's look terrible without being lowered in my opinion. I actually want to go lower but will probably fill up the remaining wheel well gaps with bigger rims. Still looking for the right wheels to set this Biatch off.
Here are the only down sides I have seen on lowering with the stock bolts;
If there is a negative impact on your 60', you can probably get it back with some adjustable shocks. I would check the forums (Corvette, Z06) on this one though. I am no where near as knowledgeable with this car as I am with the Impy. Learning more and enjoying it every day though
I hope this helps Man
Chett