>> The longer it is the more precise the control is and the lower the control pressures are
True, but on the other hand the top of the stick travels through a greater arc than points lower on the stick. This means you have to physically move the stick through greater amounts of travel to get the same control response. A shorter stick would give a firmer, "touchier" response (smaller motions with more stick resistance) that may provide a more "sporty" feel.
When I fly the Katana, which doens't have a particularly long stick, I often end up with my hand resting on my knee, loosely holding the base of the stick below the grip. When it's trimmed up for cross country cruising, I find this much more relaxing than holding my forearm up to grip the stick at full height (as you mention in your post).
I don't plan on doing any serious aerobatics in my RV-9 (since it's forbidden!). I also don't plan on cutting my stick down to leg-height. I'm thinking about the length of a katana stick (which I'm used to). First time I saw the RV-9A (which I otherwise loved) my only negative impression was when I looked in the cockpit, and thought the high control stick looked absolutely ridiculous. Then I sat in it, and thought "who could possibly fly with their hand way up here on this thing".
Personal preference, certainly. The only safety issue I suppose is that if the stick is too short, one might have more physical difficulty exerting the back pressure needed to pull out of a dive. But unless a pilot has very weak arms, I can't see this being a problem unless you cut the stick off so it's basically at the floor.
And they say size doesn't matter
![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)