As a person who has actually converted a stove, I will reply with my observations to some of the above threads. Sorry in advance, but I will respectfully disagree with some.
1) Cost. My trip to the scrap yard for ALL steel required for the retrofit was about $40. Substantially less than a new stove of any make/model. If you double that for welding consumables, you're still well under $100. Even the NC30 is probably going to be 7, 8 or 9x that much. This assumes you have a welder, ways to cut/drill/grind metal, general skill in metalwork and fabrication. If you're planning to go to a machine shop that could eat most, if not all of the savings.
2) Heat output. Well, when the old configuration would run away with herself, I have seen stove top temps up to 950F which corresponds to a LOT of heat output. With the baffle and new controls, I can still make it run away, but it's not 'accidental' anymore. So at the extreme, I'd say heat output could be the same.
3) Burn efficiency. I probably go through half the wood I did. This seems to be a combination of better air controls and more efficient burning. Every time I see any flame at all on the secondary combustor, I know that is energy which would have gone up the flue before. The tubes are usually glowing red or orange hot and look like a full-blown gas burner with all the flames coming out, so that is a lot of recovered energy. I can also control the burn much better to stretch 6, 8 or even 10-12 hours of usable heat out of the stove, whereas before, it was much more of a 'flash fire' 3-4 hours of heat and a quick cool down.
4) Operation. This is a little more tricky. Before I had the choice of air or not. Now I can let air in under the fire, at the air wash for the glass, at the base of the fire, or into the secondary system. In a factory system, they've done the R&D and this is all gated to work off a single lever. In DIY, it's a little more tentative. It's definitely something you have to learn...kind of like running the enrichment, spark advance, etc in an old model T vs just getting in a new car and going.
5) Construction. Again, I had all the tools and equipment. If you're planning to farm it out, double check cost first. I used scrap stainless steel for the secondary tubes and supports. Seems to work great and can really take the heat. Typical red/orange operation:
I estimated an opening around 10% of the 6" flue might be good start to feed the secondaries...so around 3 square inches and I threw in about one more square inch thinking it's always easy to close the gate down, but a major pain to cut this one out and weld in a bigger one. Turns out I seem to have the gate open only a fraction of what it could be...usually a square inch of opening or less. I based the hole pattern and orientation off the NC-30 (p17)
http://www.homedepot.com/catalog/pdfImages/e3/e3dda524-8c99-482d-af74-764abbb59fef.pdf
If you're seriously considering the retrofit, I'd go give an NC a good lookover, take some measurements and make some notes. Should give you a good idea of what is needed if you retrofit.
Hope this helps dispell some myths. Overall, I'm very happy with the conversion...much more even heat output, easily controlled burning, cleaner and less wood consumption. I've kicked around retrofitting a catalytic combustor to scrub that last bit of soot and gain a bit more efficiency. But the $200 initial price and estimated 3 year life is a little hard to swallow!
Either way, good luck!