I'm in the middle of the SJ installation
I'm smack dab in the middle of my Sam James cowl installation. Here is a random list of random thoughts regarding it so far:
-It hasn't been difficult to install so far. It is tedious but I don't think it's any more of a pain than a stock cowl.
-The oil door install is a bit more difficult than stock only because Vans gives you a door and Sam James has you use the piece you cut out as the door. Still, it wasn't bad once you figure out how to go about it.
-The induction system is not included with the James cowl but it's only $65. Once again, it's not difficult but you have to sort of invent how you're going to mount it and that took a little time to think through. If you have somebody like me to share their experience you'll eliminate much of the head scratching. There is one builder's site that I've used that has helped me a lot.
-The cost of the cowl is close to the stock. If you elect to use the plenum (which you will) that I think is around $450. If you elect to use the long cowl, the prop extension for a fixed pitch is about $400 from these guys
http://www.sabermfg.com/. Sam James also offers a shorty cowl which I think doesn't require an extension.
-I'm just starting the baffle work. I bought the Vans kit for $275 and I recommend that as a starting point. If you have a Dynafocal mount, I would think the mods required for fitting the SJ plenum aren't that extensive. If you have a conical mount like I have, the two rear baffles need to be reworked. I've just come to that realization last night. As far as cost delta, you'd be spending the $275 regardless if you use either cowl.
-I can't remember how much I was credited by leaving off the stock cowl but I think it was less than the cowl cost new just like somebody else said in this thread.
I've been working my cowl off and on since July so yes, it takes a long time but I think I've read that the stardard cowls can also take a long time too.
I hope to have lower drag and better cooling but there seems to be mixed results out there. Using a plenum just looks like the logical way to go though. Regardless, I think the looks are killer! If you get lower drag you should recoup the cost delta over time and with the cost of gas these days, it shouldn't take too long.
Build what you want because your grin will last much longer than the sting of the initial cost. I don't regret my decision at all.