1.5" is about optimal for street driving. Any lower and you get negative bumpsteer characteristics.
Best way is to BORROW someone's wheels/tires and do an exact fit. The Cobra R's come in R58 and M179 with 5.95 and 6.45 backspacing.
I personally run 275-40-17's on 9-1/2" wheels, but that took a LOT of work!!!
