as Grahm mentioned: if you plus size the rims, you have to consider how much weight you are putting on, especially for the brakes.
oh and lower profile tires = better handling, bumpier ride usually.
just to double check Graham, 205/40/17?? sure its not 205/50/17? 205/40, or even 205/45 seems awfully short for a sidewall. but this assumption is based on the fact that i run 225/45/17 for my winters.