They're beautiful! They look much nicer than the Magura Storm HC's that they replaced. It's the dead of winter, so not much riding has been going on. They're mounted, aligned, and I've bedded the pads to the HS2. After about 35 +/- braking runs, the pads are bedded nicely and the rotors have a nice color change to the braking surface. Power is fantastic, modulation is great, no warping, and time will tell how long they last. I assume a long time. We'll also see how much better these handle high heat, as I did warp the Storm HC's on some really gnarly descents.
Magura MT5 HC Brakes
MTX Red Label Race Pads
SRAM HS2 200mm rotors front/rear
Magura QM40 adapter for the rear.