According to the installation instructions, the TAG is designed to run with the silencer ring.
I just installed my TAG last Saturday and have only had an opportunity to drive the truck around town. I immediately noticed that the turbo whine/whistle was gone - I honestly can't even hear it any more. That may be a big disadvantage for some people, but for a towing rig that spends 10-12 hours at a stretch on the Interstate, anything that reduces noise is a bonus. Spoolup seems quicker as well.
I bought the TAG primarily for its apparent benefits in towing applications. I'll reserve final judgement until we hitch up the 5th wheel, hit the road and get some hard numbers as well as subjective results regarding turbo aerodynamic instability at high flow conditions (the infamous "whoomp whoomp" at full throttle in 6th gear going up a 6-7% grade).
Rusty