Early on doing the ag thing I flew a couple Bonair (550) converted Cessnas. That operator was adamant that I flew those airplanes exactly as North River layed out. Or as close as you could given these were ag planes. Those planes made TBO and not an hr. over

Before that I flew some time in a Pponk'd C305 and that operator was equally adamant about the same procedures... His engines also ticked like singer sewing machines... Today I operate my Pponk exactly the same, and have treated the dozen or so other 470 to 550's (O and IO) equally.... so far so good
Beyond that, I am of the opinion that who ever suggested North River doesn't need an engine monitor has done him a disservice . I am also of the opinion that contrary to what he has been told, the up high cruiser, probably needs it the least (pretty hard to hurt an engine that can only produce 55% power...) and the down low river runner (specially the guy in that thick cold alaskan air) stands to benefit from one the most. After all, he is going to make rated power (and potentially much more) on every take off, he has the potential to lean out, on every take off, and he has the least amount of options available to him if things should go askew...
It is also my opinion that the guy who says, "awe shucks, we've run these things for 60 years without them just fine" is the same guy that thinks topping a big bore conti at 600hrs. is normal and acceptable, or the guy who thinks following 'the magenta line' is somehow inferior to following a number on an ADF?
What my engine monitor has shown me in just the last few years has saved me top ends at a minimum, and potential catastrophic failure on more than one occasion. I have found loose intake hoses as a result of it, I have found broken a primer line, I routinely use it with uncanny accuracy as a carb ice indicator... I know I suggested buying a carb ice indicator, but that is because most folks nowadays haven't been schooled in carb ice recognition, and don't know it's happened till it stumbles at best or pukes at worst... learn it, use the engine monitor or digital MP, and carb ice is no longer the boogey man the press makes it out to be...
Ask any engine shop that deals with a bunch of Pponks what the Achilles heel of the Pponk is, and the answer will be 'it runs too lean'... no, not running LOP, that's a topic for another thread, and potentially doable with good results (I do not, running less horsepower than I can make is counter productive to why
I own a bigger engine)... Running too lean at cruise is not the issue, again pretty hard to hurt a recip by running too lean at 55% power... leaning out on take off is what kills a Pponk. My experience has been that the vast majority of these engines are built with the carb not modded to flow enough fuel on take off. If you live in Tahoe, or Durango, you will likely never experience this... If you live in Alaska, or Southern CA, you will have already lived this one out.
Many if not most are set up marginal, mine was so lean that it required carb heat immediately after breaking ground to keep things under control, it was built by probably the most knowledgeable Pponk guy out there, and it was not a fluke...Have one set up that will do
ok at your home base but not rich enough for a cool morning at sea level is not only a recipe for disaster, but pretty much an undetectable situation with a single point probe...
There are six individual breathing machines within your engine, each with it's own fuel delivery system, ignition system, and multitude of failure points. Throw a massive three legged flywheel on top of that, and you will likely fly fat dumb and happy long after a cylinder has puked it's last breath out....But hey... it's been done that way for sixty years
Take care, Rob