Youre right about the wheels being heavier, it does effect acceleration and braking. But its so minimal that 95% of people wouldnt even notice a difference. The cornering, however, is actually better since we usually go wider on rim and tire (and offset) when we go with bigger wheels resulting in more rubber touching the floor and a wider wheelbase. Wider is always better for cornering, traction, and getting rid of some bodyroll.
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**plus a quality wheel isnt always insanely heavy, especially if you go forged.