I've looked at this before. The SZR frame and swingarm are very similar to TZR. The RZ500 motor can be squeezed into a TZR frame, so I believe it could be done!
Check out this link for frame info: http://szr-forum.foren-city.de/topic,19 ... iring.html
-Grotty.
I was going to say the 3MA would be the natural choice as its already designed for underseat pipes. The later model even had USD forks. Shame to violate such a beautiful bike though, love the look of those.
One of those and an NS400R are still on my wish list.