When I checked I found that the American brochure spec claims 11.3 inches of G/C for the Z-800 Trail and the Canadian claim is 11.2" G/C, both figures wildly optimistic.
Tonight just for laughs I floor jacked the rear of the machine until the tires just barely scraped the ground, and measured what the clearance would be with solid bars for shocks, and no allowance for tire compression. 12.25 with my stock tires. An earlier experiment showed that tire compression at my 10 lbs for just the weight of the machine is 3/4".
So yes, in a way the ground clearance could be the advertised 11.3 inches, if your shocks were seized at FULL EXTENSION or the collars were or could be spun down until the springs were mashed flat at coil bind for their full length! So how on Earth can they claim 11.2 inches of ground clearance? Put the crack pipe down.
It's not the size of your ground clearance as you say but what you do with it... to a point. (If I had your 10.5 inches I'd throw rocks at my eight!) Part of my philosophy has been to get a good skid plate and if it's going to touch down, let 'er rub!
It does however get old hearing rocks and stuff hammering into your underbelly on a frequent basis, however cautious and prudent you try to be. If I could I'd fudge the preload up a bit.
Personally I think Elka went a bit soft on the spring selection, as my stock shocks that I briefly put back on tonight just to see, gave 9 inches G/C on my setup and the Elka give me a static 8. These figures all don't include rider and passenger as I couldn't do that and run a camera too.
I have learned the importance of leaving extension compliance intact as well as allowing compression so that the ride is somewhere in the middle and your suspension can go both ways according to the landscape.