Dan, I also purchased a Megasquirt 3 kit just before the holidays as a winter project. I got the kit built in a day and took another day to interface it with a junk yard ECM to use as the connector board. I also installed peak and hold injector drivers on the cut up ECM. I'm running the MS3 in full sequential mode, two MAP sensors, cam sensor and knock circuit.
Getting the startup and acceleration enrichments close to correct took a little time due to the 75pph injectors. I am also snow bound, and cold, so I have not had a chance to drive the car on the street yet. The engine starts in 25 degree weather just as well as a stocker. From all indications it seems like the MS3 will manage the engine just fine.
I plan to wire up the COP outputs later this year.