You might also be able to change how wheel rim's inner dish mounts to outer rim for width adjustment, in addition to switching sides to take advantage of "offsets".
Yes, physics and geometry says bearing and axle sees more torque at wider width, but they're fine and are designed for such. Your motor will stall or wheels will spin before you overload bearing or axles.
Narrow tires are bad for bearings (along with rest of tractor) if tractor gets rolled and totaled.
Negatives are fitting into places. Like on trailers or trucks, through gates, etc..
The only negative with a mower, rear blade, etc.. not covering wheel width is if you're up against a fence, building, etc.. In fact, a narrower mower only mows zero or one trampled track instead of two.
Advantages are huge (IMHO). In my case, a few inches wider made a huge difference on center of gravity and confidence. That is, presently my tolerance limit on slopes is more psychological that physical. I chicken out before any real danger. Previously, before I widened tire width, this was not case, danger was real.