Mopar P-3690732 Constant Voltage Regulator

What are the pros and cons of running the Mopar P-3690732 constant voltage regulator on a street car with the Mopar electronic ignition, I heard without it running the electronic ignition you could burn out the control box then I heard you could boil your battery. Mopar claims race only, has anyone run this regulator on the street, if so any issues ?