I installed my PTP last night. As for the bolts that came with the PTP lava blanket, I used all three, snugged down only. Then when working the blanket a bit into shape I noticed the blanket at the bottom bolt, the tough to reach/work bolt, was still a bit loose. I found the allen head bolt (with the washer) was bottomed in its hole, too long by probably 2-3 threads, easy. So I took out that bolt and replaced it with a factory bolt.
There are no installation instructions from PTP's website or in the box, not that I found. I installed it following XR's turbo blanket installation tutorial in the How-To subforum.
I ran it last night for about 10 miles, and the same this morning. Just a wee touch of a warm odor when I pulled in the garage, sorta plastic-like, less on trip #2, but no smoke and no white residue.
Steve.