Yup. It works.
However, I am very hesitant to install FEC on the operational store. That's because I noticed a
significant slowdown in the entire system when FEC is installed.
This is especially noticeable (and scary!) after hitting the 'confirm the order' button, where a blank page is displayed with a message:
(Is it possible that the css_javascript_loader is what's causing this delay?)
I am not sure whether replacing multiple checkout pages with long-delay single page checkout is going to viewed favorably by customers.
Are there statistics about the difference in conversion rate between the two approaches?