I have owned the Silver Bullet and the Silver Bullet Pro for several years.
I drill every Cub Scouts block that comes (25-35) on our build day, just to try and keep everyone somewhat competitive and having fun on race day.
While I do not own The Silver Bullet Extreme, it looks to adds to the to SB Pro by allowing you to drill the DFW axle hole without un clamping the body from the jig after drilling the rear canted axles holes.
1.The main benefit is making sure that the 3 contact wheels are drilled the same height from the track surface...
2 Being able to drill the raised axle hole without using a drill press...
If you are using 2 roles of cubes behind the rear axle then use the very first position of the 3 degree cant, and pick one of the predetermined wheelbase on the jig, or just un clamp the block and slide the jig where you want to drill your front axle holes.
IMO, There is no exact wheel base that performs better than another on every car, they all have their pro and cons, and it all depends on your rule set for your race, condition of the track and the weighting and design of your car.
And the biggest factor is what the Cub Scout wants his or her cars wheelbase to be. Period.
A shorter wheelbase will stay on the hill longer accelerating but a longer wheelbase is more stable for a heavily rear weighted car and or on a rough unlevel Cub Scout track.
We have won Districts with a 5.25, 5.0 & 4.875 wheelbases.
Keep in mind that if you are going to use front fenders you will need a shorter wheelbase.