I realize I am not the first person to bring this up this question, but I have some personalized questions.
If anyone remembers me from my first posts, you may remember that I have steep terrain, gravel, and sometimes even mud to cross. With this in mind, what would be the best seat height and control positioning for me with a 32 inch inseam at 6'1"? I tend to prefer leaning forward on the highway rather than back as it makes me feel more stable and less prone to wind buffeting. However, the high degree of hip flexion can be bad on the back, especially if I try to set the high heels of my logger boots on the pegs. If I raise the seat height, then I will raise my center of gravity, partly negating the stabilizing effects of leaning forward. If I place the pegs too far forward, I may feel vulnerable in that respect. However, having a scrunched up back is no good either. What do I do?

I have seen some examples of the Sportster seat mod, and that looks pretty good. Does it raise the height much? would that be a good idea? Should I get a bench seat and convert to standard controls? Would forward controls be a better idea? As much as I bend my elbows, the stock handlebars work pretty well so far. They feel much better than my  (or my Dad's-- not sure which at this point ) '83 Shadow. The Savage has a very secure feel compared to that thing .

My Savage is my first bike and the only one I ride on the highway. The only other bike I have also has mid controls, so I really don't have any personal experience from which to draw.

Speaking of Sportster, I may have the opportunity to pick up an old XLCH kick/electric start for $2500. I have really been considering it, but I am poor and live with my parents. Dad would have to help me buy the thing as I don't have that much money. If I was going to get a Harley anytime soon, some cheap old Sportster like that would probably be it. But I am concerned that it is too much money and too much trouble, especially when I can't really afford it. The Savage is dirt cheap and worry free, and no one wants to steal them (unlike Harleys). Besides that, I am not interested in giving up my cheap little Savage anyway. I am a commuter, so I would worry just how worrisome an old Sportster would be, especially with the added investment, theft risk, and other expenses.  
--An awful lot of risks to take for the Harley experience.  

Stay with dirt cheap and worry-free! What's not to like?
Doing more with less is a great way to live. A used harley shouldn't be on your horizon until your situation changes. End of lecture

The standard controls with maybe a slightly higher seat should suit your inseam. A flatter handlebar would also help. Cheers!

as far as seat height negating the effects of leaning forward, Ride a sportbike
Notice how high your butt is in the air?
still feels stable though, don't it?
I sometimes put my feet on the rear pegs on the highway to get more lean without folding up, works a treat
Just don't try it on a BUSY road