Just thought I post a quick update on the exhaust wrap, now that I've driven a few K’s in and out of city traffic etc.
Well I can say that there is a definite heat reduction in the cabin.
The other day when all was fully warmed up and still running I got under and touched the exhaust right next to the transfer case. I was able to "grab" and hold the exhaust.
I then went to the rear of the vehicle and felt the exhaust gas. Now I usually do this (infrequently) to see if any soot attaches to my hand or I can see discolouration (soot). Based on this the exhaust gas felt hotter.
In addition I've noted a lower exhaust noise.
Can't say I've noticed any increase in performance. Didn't expect too either.
Just my experience to date. Yes in my view worth the effort.:)

