We run a G force GF-5R 5 speed in my dad's '70 - very similar in concept to the jerico's. It's 99.9% street car - might make a trip or two to the track on a test and tune night. We put about 1000 miles on it a year. Motor is a mike lewis pump gas 555ci, making 790hp. We've only got about 400 miles on the tranny since we put it in, so we're still getting used to it. From the day I drove it the first time though, I loved it. As mentioned, the upshifts are unbelievably smooth and FAST as the rpms get higher. Downshifts are not BAD, they just take a tiny bit more time and effort than they do with a regular syncro'd trans - you just don't downshift everytime you come to a stop sign, that's really the only thing I do differently now. But if I want to downshift, a little blip of the throttle and it goes into gear, sometimes with a clunk. I love it though, I feel like I'm driving a stock car on the street. The gear whine is definitely noticeable, in a good way. Put it in 5th gear, and it's dead silent though, so cruising at highway speed is no issue. We know we won't break it, and that's why we bought it - it's good to 1300hp? plus, if I remember right. We did have some floorboard work to do to get it to fit with the external linkage rods and all. The jericos are similar concept/design I think. We looked at them too, but went with the G force after hearing more about them from friends/fellow hot rodders/drag racers. Also, G Force's customer service is TOP NOTCH. Those guys really know their stuff and would bend over backwards for you. They also helped us setup the gear ratios so that we could run a long rear end gear (a 3.00:1 ratio) to make 5th gear more like an overdrive, even though 5th gear is actually 1:1. I think they put a 3.42 or 3.47 1st gear in it to compensate. I can't personally comment on Jerico's customer service, as I never actually talked to them - but I heard that they are good too!
You have to want to drive this type of trans - if you're expecting a quiet, easy going transmission for slow speed driving, you will be disappointed. If you want a monster of a trans that will take any amt of power and abuse, and give your car a bit more of an attitude on the street, then look at the jerico's/g-force's. Most people told us not to get the 5R trans - that it would be too rough on the street. I can't say I agree with any of them at this point! My personal opinion only!