Yes a 16T is standard on many bikes but having said that anytime you revert to a smaller dia. front it will increase chain wear especially on a bike that has a hit like the 750. I've already noticed significant wear on my OEM chain in only 3 trackdays since going to -1 on the front. It will also wear the swingarm slider more if you run your chain on the tight side which you should not be doing anyway. Loose is best on this bike and by loose I mean take a finger to the bottom of the chain at the location where the slider ends on the bottom of swingarm push up towards bottom of swingarm if your just touching the slider your good. Chains last longer with larger dia. front sprockets not myth in that. I alos had the pleasure of wearing out many 520 setups on 600's running 15T fronts, 16T was stock which lasted way longer on the 600. I will be doing a 520 conversion on the 750 soon, DIDVM xring with Vortex sprockets most likely a 16T front with 44T rear since Barber and Talladega are short straight tracks.
Changing gears a bit literally I swapped the stock 15T front on my Wee Strom 650 to a 16T for more relaxed feel at highway speeds, it knocked the acceleration off a bit but the fewer RPM's down the highway were worth it. I expect the OEM DID chain to go 15k miles or more with the larger dia. sprocket up front. So far it has not needed any adjustments in 5300 miles.
As for wheeling I'm not the best but I do like the power wheelies off the turns and the 750 is very good at that -1 on the front. Nice 2 footer floating out on power while banging a shift with a bit of crossed up bars, good stuff.
BTW disagreeing is healthy