Have you checked on how much the smaller extrusions can take? Does the price differ a lot between the bigger and smaller extrusions?
I understand why you want to have the motor on the bottom now, but will it be safe there?
Closed cabinet sounds great, but how will you get rid of the dust and water that will whirl around in the cabinet and affecting rails, bearings and motors? You need to have a clean area, the dust will contaminate the laps and you will get scratches on the stones.