You wil come to realize that the better you become at riding and the better your set-up becomes you can keep backing the gpr down. When I first started going to the track I had to have it set on 5, now that I have worked on the set-up, but mostly my riding skills it is down to 1.5 now. The install is straight forward and you should have no problems. I think a couple here have had the clamp that goes down over the steering stem pretty tight. If this happens you can sand it a little with a dremel tool. Enjoy.
As for the pegs, use blue loctite.
He who dies with the most toys wins!