Megasquirt? What's the Situation?

[Erik]

Having already gone through an ECM issue, and of course wondering about the DIS (anyone have a spare on their shelf they don't need?), threads related to these always end up with references to Megasquirt. However, I've yet to see a thread that goes into the whole process of swapping to it.

So, my questions are:

1) what's involved in doing the swap? How many hours for a competent mechanic to it?
2)Aside from the Megasquirt 3 (?) controller, what is needed to make this work?
3) What are the costs of getting everything?
4) What instrument panel functionality do we lose?
5) How is reliability of the system?
6) What questions do I not know to ask about it?

Looking forward to getting educated.