I'm in bsheets camp. I'm 220 (more in gear). If you're not doing high speed stuff with whoops and such you're probably okay.
Get the preload set correctly and set the comp/rebound where you want it and go for it.
At the rated two-up rating there is plenty of margin on the spring.
Right or wrong, I've ridden most all of my off-road bikes (except for my '83 Yamaha IT250) with completely shock springs and valving).
My bud did his (Wr450) and while his weight was less than mine, my CRF handled as well as his Wr did under general riding conditions.
Sure... I would have probably been more comfortable and confident with additional capability (even if just perceived), and I ride pretty hard, but while NOT racing, I probably would not go for the custom rebuild.