The i7 is overkill if you're just using it for gaming, mostly makes sense for video editing/encoding. Use the i5 equivalent and use the money you saved on a better gpu. The GT 730 is 2 generations old, and will seriously slow you down.
Once you see them you can't unsee them! They're there because of the LFS 100hz physics rate and the 90hz refreshrate for Rift/Vive.
Just drive somewhere with scenery and look to your side, you will see continuous small stutters while things move past you. It's not terrible, but distracting enough for me to make me prefer AC even though the LFS implementation of VR is far superior in every other aspect.
I guess you could create junctions for the folders you want to share and still get the best of both worlds. Move the folders (eg setups, dds, skins) you want to share to another location create your junctions, et voila.
Did you make sure to only plug the wheel in once the driver installer told you to do so? I remember that it can be a bit picky if you don't. May be worth a try and completely remove the Logitech Gaming Software and reinstall it.
Like this the data can stay useful even if you, for example, go from qualifying to full race fuel. Or you can quickly check in which sector you lose time not just regarding to your best lap but the best overall sector time.