Last season, I was still racing 26", due to UCI laws. I did one non-UCI race, which I also named to be the inaugural Open Dutch SS Champs. I rode mostly wih th same folks as always, but now on my rigid KM 29" in stead of a 29" racer hardtail. Out of 100+ sarters, I rated myself to be 7th on a good day in that field, supposing 26" and gears, but I did 13th with the SS, in my first-ever race on it. Unfortunately I can't speak out of actial experience with 26" SS, but perhaps it's like this :
SS forces you to ride in a totally different manner, to make it up hills or even go fast over a lap. The 29" addition could allow you to actually go fast, period, despite the SS restriction. When riding my KM in group trainings, casual rides, and races, it feels jsut like I'm cheating.
In the unofficial German champSS later last year in Berlin, I was the weakest of the leading group, but was able to stay with them for over an hour, I think thanks to the large wheels, and better momentum. I didn't have the legs to stay with them on ascends anyway, but the floating sections meant I was catching up all the time, while saving a bit of power even.
Bottom line, 29" is a good thing to start with, but in the SS situation, the benefits seem to be more apparent, and shear FUN!