TFOX, I was hoping you'd stop by this thread.
So...last night I got it setup. The lowest I could get my arrow is with the bottom of the arrow about half way through the berger hole. I lowered the prongs all the way and fiddled with turning them. I haven't yet taken the plastic covers off the prongs.
One thing I had to do with the Allegiance is move the cord pretty far down the cable. If not, it would bind with the down cable. At full draw, I made a mark approximately 1 1/2 inches below the cross and tied in there. It's still close, but doesn't seem to interfere with the rest.
I set my nocking point and adjusted left/right on the rest to get me in the neighborhood and did a few powder tests. NO CONTACT first shot through.

Man, this rest is VERY fast. I'm also noticing that it seems very quiet as well.
I'll get to paper tuning some night this week and try to finalize my settings. But so far, I'm pretty impressed. Setup WAS NOT difficult at all.