Hi...I hope you're not swimming today!!
At 5'5" with a 27" inseam (guy measurement??) all sport bikes I've seen are too high...and the Hondas except the Rebel have foot controls that are too far away - even if the seat is low. My picks are Yam Viragos '84 - '98 (even the 1100's!), smaller are Suz 800 Intruder or 650 (1-cyl), Kawa 500 Vulcans are nice, too! But, you must take the Motorcycle Safety Foundation's course...$20 / 20 hours...find the schools near you. And, they have a very fair stand-by policy and will still be teaching for a month or so -- all the classes fill early in the Spring. Here's a link:
http://www.mrc.uiuc.edu/otherprogs.html
Good Luck!
"P"