FWIW, I have drug the pegs on my 1299S on more than one occasion (yes, I have good BP).
I actually wish it had more ground clearance.
Over the course of the season we have had to soften the rear and stiffen the front. Im currently at 1.10's in both forks and .85 on the rear.
The Panigale doesn't transfer weight to the rear very well at all. You have to keep it loaded up. If you are too stiff in the rear, it will sit at the top of the stroke and spin.
One thing is for certain, there is not "a setting" that works all the time. Setup changes from track to track, even from day to day or morning to afternoon at the same track. Setup is a living thing that constantly changes as needed.