So! The long and short of it is, it works. The longer version is, it works very well but I'd buy a 51913 with the big square terminals, not these little flat screw ones. The even longer version is basically the same but with pictures and commentary, so here goes..
Big sloshy batteries are bad, mmmkay. I had no idea this one was leaking from the top either, getting the crystals off the underside of the brace took a lot of screwdrivering and wire brushing. Yuck.
51913 on the left, 53030 on the right.
51913 on the top.. You know what this is.
The wonderful 51913 shaped indentation in the original battery tray!
The problem with the flat screw terminals is that the ancient cables on the bike are used to vertical terminals, and they have holes in them that are a bit big. I don't like this very much, in fact I think I'll relegate this battery to the R1100GS and get another with big square vertical terminals for the K. They're only a couple of quid more on ebay.
The positive cable isn't so bad.
One annoying issue that is probably just because I've used a cheap battery, is that it's not quite tall enough to reach the brace as the rubber thinger on the end that holds the coolant expansion tank still is quite tall and not squishy. I guess the 51913 also sits slightly lower in the cut out in the battery tray. Not sure how K75s get around this??
I suppose you could turn the brace over and put the rubber bung in the other way round, that would make it sit a little lower though you wouldn't have as much stabilisng effect from it. Myself, I did what any self-respecting backyard mechanic would do - packed it out wi' birra wood.
Proof that everything still fits:
The special bit of wood could have been thinner, things are quite tight now, but it does all go together.
As for the performance of the smaller battery, well it's absolutely fine - I turned it over on the starter without "choke" to test and it went round fast enough to actually start running, much to my surprise. It hasn't fixed my ABS though, I guess that's another issue for another thread.. Oh and the 51913 is SO much easier to fit, just lower it into place!
Hope this helps someone out there if they want to fit a smaller battery or find themselves in sudden need and can't get a 53030.