I have the Eagle EMS system, but not flying yet.
Bart from Aerosport built me up a XP-320 C/S with the Eagle system. Bart is very knowledgeable about the system and has done a lot of testing on 320s, 360s, and even on a 390. He really sold me on the system and I trust him. I believe they have sold @ 16 units, and he runs each one for 90 minutes.
I'm finishing my RV-9A and will be flying this summer. Fortunately I have a mentor/tech counselor/RV guru helping me make it happen.
The Eagle does come with a mixture control (rheostat looking knob) that allows you to further rich/lean by a percentage. I believe it's range is +-15%. You can also hook your laptop and change the tables yourself. Currently, mine is set to run rich for breakin. Once that is complete, Bart has a new config for me to load based on his dyno testing.
You are required to have a dedicated backup battery. Actually, it should be considered as a primary battery because the Eagle runs off/thru this battery and the power mgmt module keeps it charged via the aircraft power bus. Should the voltage on the aircraft bus become less than the Eagle battery, it will stop charging and you will begin draining the Eagle battery at a rate of 1.6 amps per hr. I use a 3.6A battery which should last a good 2 hrs. You do get an indication when the Eagle is charging the battery and also when the battery drops below 11.3v.
Originally, I felt I had good enough cushion running off the Eagle battery alone given a alternator failure. However, I've just decided why take a chance so I'm going to add a SD-8 backup alternator to the mix. It's fairly cheap insurance and I am equiped for IFR flight and it eliminates the concern.
Regarding cost, It only cost me @ $2,500 more since I was planning on using the Silverhawk, 1 mag, 1 lightspeed configuration. If you were going with 2 lightspeeds, it would only had been @ $1,400 difference. It is certainly cheaper to build an engine with the Eagle installed rather than to retrofit. It's hard to sell your old stuff at the price you paid for them!
There is currently a RV6 and RV8 flying. The RV6 has been flying for a couple of years now and the RV8 was a retrofit that happened sometime after Oshkosh. There are several more like me that are getting close to flying. Check their website, they now have a links with pictures/links of other builders. I haven't sent mine in yet.
This is not a new product. Precision has been working/flying this for years. Cessna was sold on it, but Lycoming put an end to that when they decided to come out with their/partnered FADEC system. Precision just stopped trying to get in the cert market and instead launch it in the experimental market instead. Good for us!!
I believe it to be a good product and a good compromise to a full FADEC system. I would not be comfortable having the system control, fuel, timing, and prop in a single unit. Electronic fuel injection is not "bleeding edge" anymore and neither is electronic ignition. Even dual electronic ignitions aren't uncommon anymore either. There wasn't anything special required to install it, so removing it and installing a Silverhawk, mag/lightspeed won't be a real issue either.
Precision is located about an hour or so away from me so getting local support is a plus as well.