I'd imagine AM would be a bit difficult on the climbs with a single ring on that bike. Also, the Hammer does have significant drag in the overdrive. you're kind of stuck between a rock and a hard place with those two choices. A lot of people like the hammer ... I am not sure how sensitive to drag they are though.
I don't think travel adjust is necessary, especially if you get a long just dandy without it currently. an air fork will be much lighter as you said, but many feel (not all) it has inferior ride qualities.
There are many places to lose weight, including tires, tubeless, wheels, handlebars, saddle, seatpost, ti spring (or an air shock swap), etc etc. too many to list.
I don't think travel adjust is necessary, especially if you get a long just dandy without it currently. an air fork will be much lighter as you said, but many feel (not all) it has inferior ride qualities.
There are many places to lose weight, including tires, tubeless, wheels, handlebars, saddle, seatpost, ti spring (or an air shock swap), etc etc. too many to list.