> Suspension would also allow the wheel to move upward relative to the frame and pedals when hitting a bump.
Perhaps I'm being dim, but I don't get why this would be bad; it just sounds like the definition of what suspension is!
Edit: I was briefly confused by the "relative ... to the pedals" bit here as well, but only 'cos I was thinking of the type where the pedals are directly attached to the wheel.
Not a unicycist (or a physicist), but I wonder if it would throw off your balance by changing the centre of mass?