I blip in town all the time in the GT350, very aggressively sometimes I may add lol... Certainly get some stares with the exhaust in sport mode and a ressy delete.I have one in my Boss 302S. It's every bit as useful as advertised.
It doesn't work well for street cars because every time you're coming to a stop and you press the clutch in... VROOM. Unless that's what you want, in which case it works wonderfully.