Answer
Yes, long legs increase the distance of the mass from the rotational axis, contributing to a larger rotational inertia.
The bird’s CM is vertically above the bird’s foot's contact area with the ground.
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.