I looked up photos on eBay of 550 combustion chambers vs 750, and they looked identical to the naked eye. the 550 and 650 shared the same valves, which are different from the 750/850/400/425/450 valves. I assume they are 1-2mm smaller on the 550/650. comparing the valves in the head photos, if they are smaller valves, then the chambers are still very close in size 550 vs 750. If the chambers are slightly smaller, that would work out in our favor, but I am thinking they are either the same size or very slightly smaller. Smaller would be better as long as the piston dome edges clear. With the big flat edge on the 750 pistons and none on the 550, that leads me to believe that they may very well be the exact same combustion chamber size and shape.
this basically tells me that you should be able to use the 750 pistons with the 77-82 gs550 2 valve head no problem (80-82 550 head with larger intakes that fit bs32 carbs are better imo, w/gs650 bs32 cv carbs OR Keihin CR29 smoothbore carbs ($749 new) if they can adjust narrower like the 550/650 carbs), but I would lean towards milling .010" off of each the head and the cylinder deck to get the compression to about 9.5:1 I am guessing, and then degreeing in the cam sprockets (requires slotting the bolt holes and use of special tools) to correct for the shorter cam chain length crankshaft to cam shaft, & also because simply degreeing in the cam can give you much more accurate timing on the stock spec than what it left the factory with, and you can also advance or retard them, as well as change the lobe separation angles, all of which will drastically alter the powerband and peak power rpms, which is very useful in tuning them for optimized power and power band range.
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