I have one on my Raby type1, 2165cc. It seems to cool very well while driving, but the head temps go up rapidly when idling in traffic, especially when it is over 80 outside. Also, I don't know what the individual head temps are, but I've been told number 4 runs pretty warm in comparison to the other three(my sensor is on #4). The head temps come down when you keep the revs over 1500 for a few minutes. You would think a fan designed for a six would easily cool a four but it all has to do with the shroud design and fan speed.
As far as looks are concerned, the health of your motor should be more important than the look. I got mine for a good price, which is the real reason I got it. The only distributor you can use is a Bosch 009 or one of similar size. The Mallory or Pertronix won't fit. I solved the distributor problem by removing it and installing a distributorless system. The alternator, while more expensive initially, should be as reliable as any other Bosch product.
You WILL need a remote cooler, oil thermostat, filter, and relay for the electric fan. You WILL also need a full-flowed motor. These things are the only reasons mine works as well as it does. I would recommend a DTM or a factory doghouse with all the flaps and a thermostat. Or when Jake is done with his 547 shroud someday.......