I am a few miles east of you (Livingston) so similar climate. Simple answer: cooling with the 134a has been quite adequate for me, and for the most part, my wife who likes a LOT of cold air. I have no experience with Freeze 12 so can't compare.
I had the systems on my '85 xj and an old Buick evacuated by a local shop in exchange for the residual R12 (assume shops are no longer doing this for free but don't know for sure). I then screwed on the fittings (needing one 90* for the 85) and charged with oil that came with the kit, followed by the proper amount of 134a. Did not open the system and no other modifications.
The Buick was cooling about a year later when we got rid of it. The '85 worked for about seven years with approximately a can of 134a each year. Not sure what failed at that point but I wasn't driving it enough to mess with it.
I have had my '93xj for four years and I suspect that it was converted about two years before that. It takes a can of 134 about every two years but I can't compare to the situation with R12 before the conversion.
The guys at the shop that did the evac suggested politely that the system would almost certainly sludge up and probably leak like a sieve in view of the smaller molecules you mentioned. If anything the '85 leaked less than it had been with the R12. I have no theory on this -- probably just a lot of dumb luck as I suggested above.
Back to comfort which is, of course, more than a little subjective. I know that many on the forum feel that cooling with 134a is inadequate compared to R12. While I'm personally satisfied, my current usage is no doubt way different than most.
Gray XJ probably pretty much has it right when it comes to the conversion experience (realizing he was commenting in a slightly different context).
Not sure if I can add anything but feel free to ask. I may just get a set of gauges this year and learn how to do a proper charge. Maybe...