Peter,
I have the top-n-tilt, and really like it. I was planning on getting rear remote(s) anyway, so it wasnt' all "that much" more - but it did cost money. I decided to get it based on some comments I found on an AWESOME website I found called "tractorbynet."
My dealer happened to have a used kit (off another tractor) so I got a bit of a discount on the cylinders themselves.
I like it - and recommend it. This is my first tractor, so I don't have much comparative data as to how often/how much trouble it would be otherwise. I am using the feature with a box blade, and grader blade, and I find it very helpful. It also helps when changing implements, as you can adjust the connection points while attaching.
My top cylinder is connected with pins - not bolts, and the tilt cylinder is bolted on the top, and pinned on the bottom. Hydraulic lines disconnect at the remote panel, so removing them shouldn't be too much trouble - but I've not done that yet. I asked the dealer for the original links (that came with the tractor) just in case I take the cylinder set off at some point - don't know if I ever will.
I should add here that my system isn't working perfectly: the cylinders move quickly in on direction, and VERY slowly in the other. But even with that, I am glad I have the feature. I will attempt to fix the problem eventually, but for now (because it works) I have been living with it.
I'm not sure if your question "how does it work" is asking for operational details or just "how do you like it" - so (based on the length of this response so far) I leave it at: I love it - it's great!
If you want further details, simply clarify, and I'll augment...