From what I understand the rear 02's should be turned off if there is no cat. It should throw a code if you do not. The code itself should not harm the car. But I am not sure how the ECU reacts to it on our cars. Maybe Torrie or one of the other tuners can tell us what happens.
A. Like on my Vette it just throws a code and does not change how the cars runs. If I turn the rears off, no code, still runs the same.
B. The code send a signal to the ECU that something is a miss and it will try to make adjustments. Doubtful IMO, as the primary O2's are the the ones doing all the work, the back ones should be measuring the efficency of the Cat itself. But would be nice to know for sure on the Ford ECU.
I have been considering the same system, I like the idea of less heat from the Cats when on the track. I like the Tube types for air flow, but the cats create the most heat IMO. How does it sound compared to the Hef Accufab, Borla alone ? any sound files or vid?.