I understand what you are saying about pivot location, but I feel it's more of a personal preference thing. I had considered putting it in the seat tube like you want to do, but I didn't want to worry about chain growth thru the arc of the rear wheel. With the pivot where it is my chain length actually gets shorter with travel. Also, with a geared bike it's basically impossible to have the pivot inline with the chain at all times since the chain is in different posisitions with each gear. That and since I am using a shock with a lockout, I wasn't worried about pedal bob when climbing.
It's cool you want to build a full suspension beast. I can't wait to see it.
I have had several people ask how well the rear suspension works on this bike. So I made a little GoPro video of it. I was pleasantly surprised to see how active it really is. I love active suspension, especially when it can be locked out for climbs.
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