Is the circled thing what I'm replacing?
It could be. I don't have the exact ratio for the 748 linkage, but I do know that shortening the 749's rear ride height adjuster rod 4 mm reduces the rear ride height 20 mm — a 1-to-5 ratio.I mean I know it's not a 1-to-1 ratio, but it sure as hell isn't 1-to-4.