We have had two PF systems on Cardinals in the family. I've flown before/after on these several times. Power is up a little, it's noticeable, but not going to wow you. Engine temps even out, IE, the EGT's are more consistent across all 4. In the winter, this allows us to run leaner, as CHT's remain manageable. In the summer, to keep CHT's down we run rich, so we don't see the fuel burn savings as much. Where it really shines is that last 1,000' of altitude you need to climb to get over a mountain, the extra 3-7HP shows up there quite nicely.
To me, worth it on Carb'd engines, just from the engine health standpoint. Engine is much happier running more balanced pressures.
The big question I have for people, is the E model system worth it? Already can balance the injectors, and have even length intake runners....