A guy at Carlisle had an '82 and said he put the Hypertech Chip in his and it helped the "hunting" of the transmission when city driving.
I bought one from Mid-America and installed it last year.
It says you have to burn hi-test when you have the chip in it. I was usually using 89 octane because I would get pinging under load when using 87.
So i use 91 octane now, or 93 if available.
No ping, no hunting.
Slightly better gas milage.
I guess it was worth it, but it is costing me at every fill-up.

Also, I have the repair records from a previous owner. My cam was replaced at around 65K miles. I recall GM had some soft cams back then. Maybe that is why your cam was replaced.
The site that Sarge referenced looks interesting.
Anyone installed any of their products?
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