The wrap works much, much better than the coatings. I have mine coated more for rust proofing than anything. With the aftermarket uppipe and the coating, I was going through an alternator a month. I wrapped the uppipe and downpipe and no longer went through alternators. The underhood heat was signifigantly lower. I had no smell or smoke. I didn't use sealers. My downpipe has been wrapped for years and still looks fine. My uppipe went two years with the wrap with no problems but I had to replace it and haven't gotten around to wrapping the new one yet. I can literally start the car with the hood up and hold my hand on the uppipe as long as I want to. As for the coatings, I have never had it flake off the uppipe or downpipe. Headers, yes. I'm going to wrap the crossover also when I re-wrap the uppipe. The more heat you can keep in, potentially the faster the turbo will spool.