The definition of Rotational energy is
$$E_{rot}=\frac{1}{2}Iω^2$$
where I is the moment of inertia around the axis of rotation considered.
https://en.wikipedia.org/wiki/Rotational_energy
In post #5, you correctly stated that if we consider the object to be like a plate, then the moment of inertia would be:
$$M(R^2+\frac{L^2+W^2}{12})$$
So, the rotational energy, as is officially defined, is:
$$E_{rot}=\frac{1}{2}Mω^2(R^2+\frac{L^2+W^2}{12})=\frac{1}{2}MR^2ω^2 + \frac{1}{2}Mω^2\frac{L^2+W^2}{12}$$
As we know that ω=\frac{v_{cm}}{R}
$$E_{rot}=\frac{1}{2}Mv_{cm}^2+\frac{1}{2}Mω^2\frac{L^2+W^2}{12}$$
And you can say that this is the Kinetic energy of the center of mass moving around the center of the rotation, plus an additional energy coming from the rotation of the object around its own center of mass.
In our case, we consider a plate of about 6" x 2.5". I'll work in SI units from now on, so the plate is 0.15m x 0.06m. The rotational speed for a 2m/s linear speed and 0.044m tension wheel radius is 45.5 rad/s. The radius to the center of mass is 0.127m. The energy per Kg is
$$E_{rot}=\frac{1}{2}(0.127)^2(45.5)^2 + \frac{1}{2}(45.5)^2·\frac{(0.15)^2+(0.06)^2}{12}=19 \ m^2s^{-2}$$
Before entering the turn, the linear Kinetic energy per Kg is
$$\frac{1}{2}(2)^2 = 2 \ m^2s^{-2}$$
So we end having 9 times more energy just "one instant" after entering the turn, that the energy we had during the linear movement just "one instant" before entering the turn (oops .. I said 3 times in a previous post... sorry).
And, to make it worst, that energy is taken away from the object as soon as it leaves the turn, which at 45.5 rad/s happens 0.04 s later.
The "minimum stress" to the system, imho, would be to reduce the rotational speed of the drive wheel (if that is feasible), and have the same energy before and during the turn, which doesn't mean that no stress would exist, but means that the own kinetic energy of the entering object would suffice for the turn.
But,
there's one caveat: if we want to mantain the speed of the drive chain at 2 m/s, if we reduce the rotational speed, we have to increase the radius and so the moment of inertia is affected!
At the end, in this particular case, it's not possible to mantain the 2 m/s drive chain speed and balance exactly the initial kinetic energy with the rotational energy, but we can get quite close to the objective
For example, with a drive wheel radius of 8.2" (from 1.73" initial) and a rotational speed of 9.6 rad/s (91.7 rpm), we have a rotational energy that is only 2 times greater than the linear kinetic energy for 2 m/s speed (originally, was 9 times greater).