Hi, Quicksilver.
My flight from Newark to Chicago has been delayed.

I am sitting on the plane, but we are going to be here for another hour. Argh! I hope I do not miss my connection in Chicago). Fortunately, American Airlines is cool about using my laptop and 1XRTT wireless data connection, so I can post this.
With regard to the 255/50-17 tires, my thoughts would be as follows:
1. The diameters are typically 27.1", so the speedo error is about 4.5%. This means that indicated 60mph would be about 62.8 - 62.9 mph. Just be aware of this (avoid those speeding tickets when going faster.

) This error is small enough that it should not affect the transmission shift points, etc., but you may want to get Q45Tech to respond to that thought too!
2. The offset of the wheels you are planning to use should be in the 38mm to 40mm range, else you might have rubbing against the suspension (if you use 45mm for example) or the rim (if you use 30mm for example). I am not absolutely sure of this, however, and Grant would be a better person to ask about this. Tire Rack may have done specific tests for this fitment!
3. The tires are certainly strong enough (in the 101 load index range).
4. I would avoid the 245/45-17 sizes since the rim width needs to be 7.5" at least. This is a popular size for available brands and tires, though!
5. The 235/50-17 is another good size, but the good tire there (the Michelin Pilot Sport AS) is expensive. Ouch.
6. I believe that the Continental ContiExtremeContact is another option in the 255/50-17 size, but I am not sure what rim width it needs - the Tire Rack web site did not show that data - so you may want to ask Grant that question.
Hope this helps!
Z