Okay, I got the Banks Pedal Monster and installed yesterday late afternoon. It was installed and calibrated in about 10 minutes, everything was perfect. It was $295 shipped for my stand alone model using the phone app to adjust the settings via bluetooth. It synced and worked perfectly the first time. Banks also did free 2nd day FedEx Air for $0 shipping which was a very nice touch. I load up my 2.5 year old son and head out to play with the different modes/settings.
There are 3 main modes: City, Sport, and Track. Each of those 3 main modes has 10 sensitivity settings from 1 to 10.
Track: It's a good party trick, but it's basically worthless with the Raptor. Giving it more than 20-30% throttle and you're at full boost flying down the road. It's fun to play with, but you'd have to be a maniac to drive around town in Track mode.
Sport: This gives you a much faster ramp up when going above 20% throttle or so. I tried numerous sensitivity ranges in Sport and it made the truck very responsive, but almost a bit too responsive as it's not linear by design. The more you push the gas pedal, the Pedal Monster ramps up the throttle opening in a bit of an exponential way. Not nearly as aggressive as Track, so it is usable around town, but you just need to know that every additional push of the throttle will give an outsized response from the engine.
City: As Goldilocks would say, this was just the right temperature for me. The City setting is linear, but you get a faster ramp-up. So, you get a linear response, which I like a lot, but it's a faster linear response. You just don't have to push down the gas pedal as much to get the truck going, but it doesn't surprise you like Track does (a lot) and Sport does (a little). The truck just feels like it has an extra 50hp driving around town.
Also, one of the great things for me is the Pedal Monster initiates quicker throttle openings, so you get the turbos spooled faster which is good for a "smaller" turbo engine like we have. A side story is I have a good co-worker friend drive my Raptor a month or so after I got it. He has a nice 2016 3.5 Ecoboost work truck, so he's familiar with the Ecoboost engine. He was excited to drive the 450hp HO engine in my 2019 Raptor. In normal mode, he was pretty underwhelmed with the throttle response especially on downshift and the engine seemed to take a little bit to build boost. I switch it to sport mode and he was a lot more impressed. This Pedal Monster gives you the quicker response in normal mode without holding onto lower gears and revving out like the factory sport mode does, so it just feels noticeably more responsive driving around town. Then, hitting it to pass someone on the highway or around town, you will trigger faster downshifts as the computer notices a very fast (faster than stock calibration does) throttle opening and tells the turbos and transmission to get going.
Summary: I am currently very happy with City Mode 7 and am planning to keep the Pedal Monster. Is it worth $295? Only for those of us who appreciate quicker throttle response and not having to go half to full throttle to get the Raptor 3.5L TT HO going down the road or moving faster once it's already rolling. I will say it's not a life changing mod, but considering how often many of us spend large amounts of money on stupid crap, I'd say it's well worth $295. The engineering and build quality and safety built into it make the Banks Pedal Monster worth the money compared to competitor products IMHO.
Finally, a big selling point for me is it has zero effect on warranty as it doesn't reprogram or mess with the truck's computers in any way. It's just an inline electronic throttle controller with 30 different settings over 3 modes, so it's pretty sweet to get the throttle response dialed in just the way you want it. It removes the sluggishness of the stock throttle calibration.