Almost everyone (except Kingmick) seems to be focusing on the acceleration issue. I think there are two questions.
What affect will it have on my 1/4mile times? - already answered
Will I be able to overtake going up a hill just as easy? (ie total rwkw change)
With an the loss when cornering will depend on the oil viscosity used, also affecting when the diff will lock up.
As I understand it straight cut gears in a gearbox will allow more power to the wheels. For a diff to be stronger it must have more gear surface contact and this is what will take the extra power.
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