If you like the braking performance of the 700C conversion, then that's great, and you'll be able to fit a larger tire underneath the fenders (for the same overall diameter), which is a ride comfort bonus in my book. The angling of the pads and everything looks good to me! I've done a few 27" to 700C conversions and they've worked out well. Nothing out of the ordinary here. Love that you have a TS V! Beautiful build!