To find the resulting lift simply divide 1.7 by 1.6 (1.7/1.6) and multiply times the lift with the 1.6 rockers. Alternatively, simply multiply 1.7 times the cam LOBE lift.
As for p to v - peak lift has no impact on p to v. At peak lift the pistons are well down the cylinders with LOTS of clearance to the valve. The issue of clearance show up during overlap when intake is just opening and the exhaust is about to close as the piston passes through tdc. At that point, with the stage one your lobe lift is about .050", your valve lift is around .080". So changing from 1.6 to 1.7 results in valve lift of about .085" -- and reduction in p to v clearance of about 5 THOUSANDTHS of an inch. Assuming you measured p to v when the cam was installed (as you should have) all you have to do is deduct the .005" from it and you'll know your p to v. And if you didn't measure, then all you know is you'll have about 5 thousandths less than you have now. If it's all still going together, then be sure to measure p to v properly.