I think the only caveat I’d have is that if you’re running a fork at its max travel (like a 27.5″ Pike at 160mm) then it will be quite progressive even without any tokens.
I like it, particularly on my Zero AM hardtail with 150mm Pikes. Good on my Spitfire with 160mm ones too, even though I’d rather have a bit less progression at the end of the stroke (but I do ride fairly off the back). I didn’t try it in my Zero’s Pikes when they were at 130mm but I bet it would have been a ton better – they felt really soggy in the midstroke.
If you look at the spring rate curve for most forks, it’s U-shaped when they’re set at short travel, becoming J-shaped at long travel (ie the first two thirds of the stroke is the same but they ramp up more). With the Luftkappe it’s like you’re multiplying that shape by this shape / and as you can imagine, that helps the U curve a lot but can make the J curve too extreme.