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Actually, using the T1-S as an example, Toyo recommends wheel sizes from 7.0 - 8.5 for the 215/40/17.  Of course your risk to the rims increases a bit, but technically it should be close to optimal for handling (for that tire size).  The 265 rear would be similarly stretched on a 10 inch rim.  The T1-S does not appear to be available in a 225/40/17, so you would need to look elsewhere in those sizes.