Initial thoughts on the new needlewheel: Clearly it's built very well. There aren't any burrs or scrap I had to shave. It's nice and smooth and obviously took some time to produce. Spinning my stock needlewheel on the shaft, I see it was not only drilled crooked, it was drilled at an angle. When it spins, the wheel itself would move forward and backwards, and physically shifted from left to right due to not being properly balanced. The new needlwheel appears to be perfect in that regard. When I spin it, the hole appears to be drilled perfectly with no left/right forwards/backwards movement.
Testing results as it stands now after running 4-5 hours:
NOTE: I have one of the very very very original units sold. A number of changes have occurred since the first batch, so what I've done to mine may not be necessary and/or not even applicable to newer owners.
Old setup:
Dart gold and the upgraded cup from ReefSpecialty
Stock needlewheel
147-148w (I run it skimming wet)
55-60 SCFM
New setup first stage:
Same pump/cup
ReefSpecialty needlewheel
162w
90 SCFM
So immediately I had a 30 SCFM jump, this is HUGE, but speaking to Mike at ReefSpecialty, obviously my watts were high. Again, I have an original unit. Mine has a completely sealed and solid silencer. The tubes in the silencer are pretty narrow. Upon unplugging the main tube from the silencer:
152w
100 SCFM
So another 10 SCFM bump. I'm now ALMOST double stock. I went to take a look at the air valve as I've seen some mention it here. As I'm unscrewing it, I hear air sucking through the threads. After it's out, it immediately drops to:
137w
125-130 SCFM
That's now past double the stock configuration. I can hear it gulping air however, which means it needs a little more tweaking. As well, obviously we can't run in this condition, as it would blast water out of the hole if the pump ever turned off creating a huge flood. Looking at the air valve, it was extremely narrow, about 3/16th to be exact. I cut one level off the end of the air valve and bored the inside out to 1/4". I then reinstalled and added the air tube back again.
143w
105-110 SCFM
Looks good to me for now

I'm still skimming wet, the wattage dropped, nearly double stock SCFM, about 30 minutes of work and tweaking, and one new part. Yeah, I'd call that a success!