absolutely no question there: wheelset.
i shaved just over 4lbs. going from a set of singletracks on XT hubs to a set of XC717's to king hubs, and putting some lighter (AM?!?) tires on.
the rest of the parts can be measured in grams, not pounds (with exceptions of course! my 3-piece cro-mo DH cranks are probably 2lbs heavier than my hollowtech). the fork used to be a good place to save, but now 6" forks weigh less than my old 5" Z1 so not the biggest savings there.
i shaved just over 4lbs. going from a set of singletracks on XT hubs to a set of XC717's to king hubs, and putting some lighter (AM?!?) tires on.
the rest of the parts can be measured in grams, not pounds (with exceptions of course! my 3-piece cro-mo DH cranks are probably 2lbs heavier than my hollowtech). the fork used to be a good place to save, but now 6" forks weigh less than my old 5" Z1 so not the biggest savings there.