I have a 78 F as well and have been using it for some time; granted I haven't put a ton of miles on it since I always seem to be tweaking something.
Thoughts: it looks great, it doesn't sit down too low (slightly lower than frame rails), never noticed anything unusual, and no issues with pressure (I have a gauge mounted). Can't advise on any temperature issues but like I said, haven't noticed anything unusual.
I did have some clearance issues so I bent the stock pipes down slightly at the header and it fit. I didn't like the exhaust resting on the oil pan though so I went with a 4 into 4 (creating a whole other issue with the kickstand), but I had lowered mine a bit which probably didn't help. You may have better luck with 4 into 1 at stock ride height.
Pic added for reference, although not best angle.