My motor runs ok without an idle up valve, it works fine, just idles a bit low & rough when cold, but perfect once warm (running an autronic SMC).
I would still recommend using one though, they're not hard to hook up (tap a fitting into your manifold & either hook the other end up to your intake pre-throttle body or just have a little air filter on it) and will make cold starting & running a bit nicer. And the MegaSpurt should have enough aux. outputs that you won't have to sacrifice idle control for something more important.
I'm planning on fitting one to mine soon, just to make it a bit more pleasant to drive when cold & improve the cold idle.
If you're building a dedicated track car it's probable less necessary, but still desirable.
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