ctmt,
Thank you for all the info. It was very insightful. However, this was a quote from a "pro" bike shop, and he told me that, as far as he knows, all tri-bikes are now being made with BOTH wheels 700 cm. I am not a triathlete, but was wondering about this issue because I have a tri-bike that I ride once in while.
I also asked him about time-trial bikes, such as ridden in the Tour. He said it is very common for the front wheel to be 650 cm, and the rear 700 cm.
Next time an Ironman event comes up, I am going to investigate this further.