I don’t own a Talon or any other vehicle with Live Valve so I don’t have any real world experience with the Fox’s...
But, I know that they developed the Live Valve for mountain bikes, trucks, cars, as well as UTVs. The Ford Raptor has them as an option as well at other brands of UTVs other than Honda. The shocks, according to Fox, adjust rebound and compression dampening to adjust to what the vehicle is doing by taking input from on-board accelerometers, gyros, etc. I could try to explain...but there’s a lot of videos out there from Fox explaining it better than I could. Here’s one.
Is it worth the extra? 🤷🏻♂️
I’d look to race teams to see if they’re running them. Granted...Live Valve to me seems more of a convenience factor for folks who simply may not be spun up on tuning their own suspension. It allows you to select between 3 modes, and it does the rest. If you are capable of tuning your suspension with the proper knowledge and understanding, you probably don’t need all the extra complexity of the system (although to the user it’s “less” complex, the product itself is much more complex than a simply bolt on shock with mechanical adjustments).
Just my two cents.
Good luck on the choice! I’d love to throw a Talon in the garage in the next few years to have an alternate to the Pioneer.