My 5 year experience with aftermarket TPMS has been such that I consider it essential equipment, it's one of the first farkles I put on my bikes.
I accidentally* bought a 20 buck (including shipping) set from China 5 years ago. When it arrived I was cleaning the bike so I installed it right away. The sensors are those little things that screw over the Schrader valve, the display is about 4 x 4 x 2 cm. First thing I noticed was that my pressure seemed good. And, oh, it has temperature sensing.
'What sort of BS is that?' I thought.
I took a ride, about 50 km, and had forgotten about the display. When I stopped I saw that my tire pressure had increased from 39 to 43 psi in the rear and temperature had gone from about 20° to over 40°C. Front went from 36 to 39 psi and 20° to 35°C.
'That cannot be right.' I thought.
Now I know this to be true and expect these changes when I ride. I used to be one of those people who had to have calibrated tire gauges. Now I know that the pressure differs so much with temperature changes that those gauges only show small part of the whole picture. I haven't even seen my old gauges in years. If I need to measure other tires I just unscrew one of the sensors from my bike, screw it on the valve on the other tire, and check the display on my bike.
Now there is no need to get the calibrated gauge from the protective pouch, unscrew the dirty caps, measure the pressure, put the caps back on, pray that I didn't get dirt into the Schrader valves (that would cause them to leak) and put the gauge back into it's vault, before it is safe to ride. I just check the display, if the pressure is good I ride. The display has alarm, pretty loud, it has gone off as I was replacing my tires.
This system has not been without issues. The display somehow got water inside. And when I opened it to dry it a wire came loose. I soldered the wire back on and put the display where it does not get wet. No problems since then. Every 3-4 months the display shows battery low. Then I take it inside and charge for couple of hours with a USB cable.
The batteries in the sensor went flat after 3 years. Now I replace the batteries in the sensors when I replace the tires.
The display shows the pressure as it was when the bike stopped. It has updated to current pressure and temperature by the time I've rolled the bike to the street.
Issues I have
not had is air leaking out of the tires, valves spontaneously combusting from the loads (I didn't even get vibrations from the tires being unbalanced), or expenses from blown tires.
The only expense apart from the system is few button cells.
Unfortunately my TPMS is not made anymore. But China has lot of alternatives, that look near identical, and are even advertised as waterproof.
The latest I've seen is Bluetooth sensors. Same functions but can be paired to your phone for displaying and alarms, which has its own pluses and minuses.
* Don't browse the Internet after few
. That can lead to what some call a Dutch bargain, others call it wet bargain.