As Cash rightly says I ran a Phoenix set up for a few years, first inpressions were that it was brilliant, superb MPG (75mpg easily attainable) remember thats UK gallons though. Biggest PITA was starting sometimes, it seemed to need a fair amount of petrol in the tank to start easily, sometimes it was fine. One trip to the Begonia Rally in Belgium I left Perth, Scotland rode to hull (350 miles) went to the rally (not too far in Belgium) and only filled up when I got back to the UK, around 450 miles I think (I've got the earlier bigger 6+ gallon tank)
I ditched it for a while after I siezed travelling up the A1 at 90mph into a strong headwind with a mega hangover after a Nottingham branch camping weekend. It was far too lean, switched to a 34mm Mikuni and never looked back....until I wore the Mikuni out 50K miles later, dug out the SU and spent a couple of months playing around with it again (last year) but as I was heading to a very hot Austria for the International Rally I chickened out and got myself a 36mm Mikuni and consigned the SU to the drawer again.
My own opinion is that they are a bit of a PITA but return incredible MPG, if you want to "make progress" over 70mph then I think that no matter what they run lean especially when its hot, topping up the dashpot is also a right PITA.
As pertol prices start to get ridiculous again here in Europe I'm tempted to fit it to one of my other Commandos again, if you need particular details I can dig it out (when it gets warmer) and check out the needle etc
Remember that the rotaries used SU's so they can't be all bad, posibly just me trying to run it for max fuel economy.