Yeah, the 15" offshore mid is basically the same weight as the 20" OS mid. The clamp bracket makes up for the weight lost by cutting 5" out of the can.
I've had mine for several years and have not had any problems with dunking the motor. I've also had 4+ people in the boat with a full load, and no issues. You just can't let off the throttle...ease it down and it's fine.
I think the boat definitely drives a little better with the 15 over the 20 too. Dropping the weight down helps.
However, it's an expensive swap. $2500 min for a nice 15" mid/clamp, new or cut down driveshaft and shift shaft, new or modified jack plate (unless you have a newer Allison plate), etc...
But it is definitely cooler looking.