I just replaced an older lever in a balanced/adjustable with a current lever, courtesy of awap. The newer lever has a "shallower" angle at the feet, which looks like it would result in a higher, not lower, lever height. At first I skeptical because I assumed that the lever was already too high.
Imagine my surprise when I found that the height was almost the same; this is because the "fingers" on the diaphragm end of the lever are also set in a different angle. Further, it turned out that with the old lever and the diaphragm off, I only had to loosen the orifice about 1/4 turn to get it to flow. IOW, it was not lever height that was causing the reg to breathe pretty stiff.
The new levers have this nice curved surface on the feet, which I suspect allows them to act on the poppet tabs with less friction and a nice smooth action. The reg does now crack at lower resistance. My next experiment will be to file the feet on the old lever a bit, see if that helps.
Earlier in this thread I suggested that if the s-wing poppet is sticking in the air tube, a bit of lube might help things. That's not a good idea, but since this poppet was sticking a bit, I decided to file just a little off the wings on the poppet that keep it centered in the tube; not the tabs that catch on the lever. It worked great.