Sorry I missed the part about circumference. Probably cause the next post mentioned diameter.That would be awesome. I cant even do donuts on ice with the damn xsfer case doing its thing...but its not 1/2" of tread depth, its 1/2" of total circumfrence. So string around the outside of the tire is 1/2" difference in length between the two. Much smaller difference.
So, assuming you stretched the string at the same tension and followed the same path around the tires for both measurements, you're looking at about 1/16" of an inch of wear. Since we are concerned about differences in angular velocity of the tires, and the change in radius of 1/16" would result in an insignificant change in angular velocity except at linear speeds not achievable in a 25 year old car with an anemic engine, you're fine.