Ok I finally got to mess with the new receiver tonight. I will say as far as setting it up with my new CRX Synthesized radio took only about 2 minutes or less. I read thru the directions and then after reading them I hooked everything up and started at the beginning of the directions and setup it up. So far very impressed. I then setup the failsafe as the receiver does this as well. After I set it up I turned off the radio to see if it worked and it did.
The receiver sets up just like when you bind a receiver to a Spektrum radio. It is really trick and is easy to setup. I will get my wiring nice and neat and take the car out for a test run other than in my shed.
If it works like it does in the shed at the track then I'm so glad I went this direction and sold my Spektrum setup.