as for inflation/pressure relates to a street tire...the same theory has some (very little) application on our trucks (as mentioned they are belted, keeping the tires shape/integrity in tact) but more so relates to the weight on the tire...unladen and sitting on the mounting machine with say, 20psi in the tire, the tire may have the specified dia/circumference...now, mount that bitch up and you're going to squat the hell out of it and obviousally lose ground clearance...if you were to drive down the road like this it will affect the speedometer....hence, the circumference has changed, the tire now has more contact patch and therefor, less circumference, regardless of how much material is there for creating the circumference of the tire, it's not being applied to creating or meeting the potential circumference...in this reference, much like the dragster tire, at speed the centrifugal force will make the tire round out a little...this is also why guys that do burn outs see the center portion of the tire disappear faster than the outer tread portion