I have one and love it. It was easy to install, a little massaging of the trans tunnel for clearance, I had a shorter driveshaft made rather than cut the original. Some very easy wiring, and a speedo cable connection was all it took. I did have one small problem, shortly after the install the speedo stopped working. They supply a sender that is inserted in the transmission where the speedo cable used to connect and a coupling for the rest of the cable. This forced the cable to be at a sharp angle that caused it to fail. G/V replaced the part at no charge, I purchased a 90 degree speedo drive adapter, this is the way to go, no problems since.
I tend to leave in turned on all the time, when I want the extra launch at a stop light a simple push of the floor mounted switch turns it off. It is nice on the highway, if I turn it off, the tach jumps about a 1000 rpms instantly, power and acceleration is right there.
I've never calculated mileage, but my 3.55 rear is effectively a 2.77 when it is working. I looked into an AOD conversion and found in my case it would have cost much more. I would need a Lentech like built trans that costs around 2 grand, add in a converter, flexplate, spacer, linkage, and all of the other associated parts needed. Not to mention the TriY jet coated headers would need to be replaced, the resulting exhaust work, the G/V unit was less expensive.
I did it in my garage while the car sat on jackstands. A trans jack was the only tool I needed that I didn't already own. This was a very easy installation, I highly recommend it.