Do they justify their price?? Well does anything?
First lets look at the rear end... . Mag-HY-Tech is the only one out their to my knowledge that makes a rear gear cover with cooling fins, does it work?? Yes it does and very well. You can expect a 15-20 degree temp drop with it's use and it will also give you an extra two quarts or so of gear oil. I like the high quality fit and finish, and the ability to check the oil with the dip stick. I suppose it comes in real handy for those that Off-Road and get water in the rear end, the dip stick makes for quick checks and the drain plug means quick servicing. I think many probably buy them for the looks, but if you tow or haul heavy loads it is a must have in my opinion. You can expect the rear gear temps to hover around 145-160 90% of the times, and up to 180 on hot, HD towing days (I tow a 17,000 Lb Trailer).
For the transmission... ... I personally like the BD transmission pan over the Mag-HY-Tech one, it is also a little cheaper in price (not Quality). Both fit great and work well, but UN-like the rear gear cover, you have many more options for cooling. Does it work, yes it increases the pan volume by 2 qt (4 qt with some), and does give you a Handy drain plug for future oil changes. But don't expect any great reduction in transmission oil temperatures. The pan is finned aluminum, so it does dissipate heat better then the stock pan, but there where NO noticeable temperature drops to report. I tested them several times loaded and UN-loaded, nothing noticeable. For the money, it does not seam to do much. If you are serious about lowering your transmission temps, the wise move would be to invest in a complete transmission cooling system, not just a fancy pan. The automatic transmission on a ram truck is the single largest repair bill one can expect through normal (?) maintenance. A good cooling system will save you money down the road and make your transmission perform better. If funds dictate, yes a fancy transmission pan looks great and does make normal maintenance easier. But for real world cooling that makes noticeable and verifiable differences in the transmission fluid temperature, a cooling system is the only way to go. The plain truth is that the weak link in the Dodge/Cummins partnership is the transmission, automatic or standard they both have their problems. For the automatic ones, the best investment you can make is to install a complete auxiliary cooling system for the transmission, it will extend service and perform better.