Mid-term report. I now have 200 miles use on the Ohlins shocks. I have had no problems with the shocks, and still have not even touched one of the clickers, or adjusted ride height or preload. They feel good enough that I have left them the way they came out of the box.
One thing that I think is important when trying to decide whether or not to purchase aftermarket shocks is the speed you ride your ATV at. Be honest with yourself, and analyze your need for aftermarket suspension. How often do you ride faster than the stock suspension is capable of? What is the average speed of your ATV? Take the total miles on the odometer, divided by the total hours on the engine clock, and see what you come up with. My Grizzly averages between 15 and 17 mph, depending on the time of year, and aftermarket suspension makes a world of difference at faster trail speeds. I see several people on these forums that ride only in mud, or other slow speed areas, and their average speed is 4 to 5 mph. If you use your Grizzly at that speed, the stock suspension is adequate.
At slow speeds aftermarket shocks do not make their biggest improvement. I know that with the Elka shocks on our Rhino, and the Ohlins shocks on the Grizzly, that at trail speeds of 5 to 7 mph over rocks and other trail obstacles, the shocks feel taught, firm, but very well controlled. I could turn down the compression damping on the shocks if I wanted a plusher ride at those speeds, but that is not where the shocks really excell. As speed increases the Ohlins shocks totally transform the Grizzly 700, and raise it to a whole new level of performance. We have two Grizzly 700s, one of which is stock and now even has the stock OEM tires on it that are still brand new because they were removed from the quad on day one. I put the stock tires back on to compare a stock Grizzly to my modified Grizzly. My Grizzly has 25" Terracross tires, ITP wheels that have more offset than the stock wheels (5+2), Flexx handlebars that allow for a more aggressive riding stance than the stock bars, and the Ohlins shocks. There are no motor mods on my modified Grizzly, but I have changed to eight Grizzly 660 roller weights in the clutch, which are a total of 24 grams lighter for the set than the Grizzly 700 clutch weights are.
The difference between these two Grizzly 700s could not be more pronounced. The modded Grizzly feels like a race car compared to the stock Grizzly. Engine RPM builds instantly when throttle is applied, and it accelerates harder and faster. The Ohlins shock lower ride height by 1 1/2 inches, but still give the same suspension travel. They have much better damping characteristics than the stock shocks, and absorb all impacts much better. I have yet to feel them bottom out. I'm sure they are bottoming out because the entire length of the shock shaft is wiped clean of dust after big jumps, but I can't feel them bottom out. The biggest improvement from the new shocks, however, is in handling. Front end dive under hard braking no longer occurs. Body roll in turns is essentially gone. And rear end squat under acceleration is greatly decreased. As a result, cornering is unbelieveably precise and easily controlled. Corner speed can be approximately double what it was before. Corners don't matter any more, hit them as fast as you want, and just throw the ATV sideways and pin the throttle. The back end powerslides like a sport quad, then hooks up and launches you out of the turn with a big wheelie. The decreased body roll and decreased rear end squat under acceleration is what makes the ATV wheelie coming out of turns, along with some help from clutch mods, because remember the engine is still stock. Fast trail riding on mountain ATV trails, and tight twisty jeep roads is amazing, especially when racing through a series of S-turns where rapid back and forth turns are needed. The predictable and precise handling make going fast so much easier that you have to experience it to believe it. Seriously, trail speeds can easily be doubled with the mods I've made to this Grizzly (shocks, tires, handlebars, and clutch).
For people that ride fast I highly recommend this upgrade.