I have this little Marin Larkspur, 13.5 inch frame...perfect for my 5'2 short torso'd self. The bike has 700 c wheels...and it's really hard to put anything in the way of a pannier rake on it...tried a Topeak bag last week, that mounts on the seat post over the rear wheel, but there's not enough clearance for this to work...

does it make any sense to spend the $ to put 650 c wheels on this bike? Or should I just suck it up till I get my road bike for the smaller wheels.

I'd love to be able to carry a bit more than a Cliff bar with me...spare tube, levers, my cell phone, arm/knee warmers, etc...seems like to much to put in the pockets on the back of the jersey!