There has to be some aero impact, as there have to be driveshafts running to the wheel hubs, but I imagine that the diff/clutch unit would indeed fit in the present nose. Maybe the shafts aren't such a big deal since the suspension arms muddle everything up already...
I missed Matchett's comments on it, wish I hadn't. What he says is more often than not spot-on. As far as weight is concerned, seems like it may help in front/rear distrubution, but maybe hurt in cog height.
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