In these days, almost. After this pic: removed 5mm spacer, cut steerer tube leaving 2.5mm spacer above the stem.
Overall the ride is great, I truly prefer feeling of S5 over the R5 (still very nice frame 2012 vwd).
The only one, maybe two complaints are:
1. saddle clamp, tightening the bolt I had to go over recommended Nm to keep the saddle in desired position. With recommended Nm the clamp could not hold, especially if the saddle is max moved forward creating too big leverage. As a result the groves on the removable cradle part are almost gone.
Although it seems to be fixed now, I can still have quite noticable cracking sound when my bottom hits the saddle harder.
I am considering 2 position post, to have more balanced rails' support. Any experience swapping from 1 to 2 position post?
2. the way rear derailleur's hanger was screwed on to the frame. It was done so nicely, that if I would like to take the hanger out I would probably have to drill the screws out.
These are quite small screws and it looks like somebody mounting the hanger didn't mange to notice it stripping them.