So I got bought some extra nozzles, chucked them up in the lathe sliced them up to make a predetermined nozzle length (in order to "bury" the contact tip with a huge recess) and cobbled together a longer frankenstein nozzle to try out.
Here you can see my standard nozzle (the nickel-plated copper one), and the new mega nozzle. 82.2mm vs 92.5mm. With this setup, I only need 3/8" - 7/16" stand-off distance from the nozzle to the work. First try with only 27CFM of C25 worked great. Close enough to really cut down the shielding gas use, but far enough that it doesn't obstruct the view.
I basically took a cylindrical nozzle, and took off a length, and attached the top of standard conical nozzle so as to have them meet on the flat part and not the taper, and just spot welded it all the way around. Didn't use any filler or anything, just autogenous tacks all the way around. It just needed to not fall off.
Other than the nozzle getting hotter because it is closer to the arc, worked out great for me. I guess if I feel really ambitious I could add water-cooling to the nozzle to wick-out the heat, but that will be a project for another day.