UPDATES
So my motor arrived about a week ago, but it arrived cosmetically damaged. I don't blame Wallke fully; the packaging could have been better but it looked like they honestly tried; there were foam reinforcement panels where they were needed, but DHL (the shipper) seemed to really mishandle the package and they didn't hold up. As it was, the tip of the axel where the motor cable exits punctured the box, allowing it to be scraped up. Did not damage the cable itself though, which was lucky, and the scraped up bit was easily covered by one of the rubber nut covers that came with the original motor.
My rim had holes and was identical to the original. My motor also came with a new controller box.
I just finished getting it all swapped out today. It wasn't a very difficult process, but it wasn't a cakewalk either. Swapping the controller was easy, but removing the rear wheel to do the motor swap took more elbow grease than I'd imagined. Actually had to have a mate help me pry it out, it was really jammed in there. Once the wheel was removed, moving the tube and tire onto the new rim/motor was pretty straightforward. Not counting the time the wheel was stuck, entire process probably took about 90 minutes from start to finish, breaks included.
I've only had one short test ride so far, b/c its rainy where I live today, but I definitely noticed some differences:
The bike feels zippier, like it has more torque. Also pedal assist seems to kick in earlier. Even with slow start set to 0, before the bike needed about 2 full revolutions to start giving power; now it only seems to take 1 revolution. All in all it definitely feels faster off the line with both throttle & pedalling.
The speedometer indeed appears fixed, and reads even while coasting. Haven't tested accuracy against GPS yet but it feels more or less accurate.
I have regeneration when exceeding 12mph in PAS setting 1. This was a feature I specifically requested for mine; and it works as advertised and shown by other users, I get a little red bar and a red negative number reading the number of watts going back into the battery. I'm pleased. It does seem to come with a drawback, however. The new motor is smooth while in use but is definitely creating a bit of drag with the bike turned off, I get some rolling resistance when spinning the wheel. At first I thought I had installed the wheel incorrectly and that something external was rubbing... but I can see nothing to explain, & tracing the sound, it seems to be coming from the hub, as though the gears of the motor are engaged even when its off. I don't think its a dealbreaker, but is something I will be mindful as I get more rides in and evaluate the new set-up on the bike.
As a note, none of my advanced settings were changed during the controller & motor swap. My test run was still with a 24" wheel setting, slow start set at 0
Original motor:
Banx200904978S148
WALLKE48V750W26CBBBB1
New motor:
x15-26"48V750W(C)
21060004
ZNZK