Putting aside the issues of legality etc I cannot see a problem with miles only display. It's not that hard to follow speed limits in KM, after a few minutes with a conversion chart it will seem like second nature.
However I do see a problem with changing the speedo if the odometer is part of this - there are always going to be questions about the exact mileage of the vehicle, and it's always better to avoid creating a question requiring an answer and having to explain why...
I remember my Austin Maestro car had two new odometers, both repalced under warranty. (enough said)
More of a problem is when the wheel size is changed, as the speedo will read incorrectly.
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