It does have a steel latch...but like I always say "I wouldnt drive around w/ cf hood, and not have any pins"
They were not hard to install IMO. It did take some time, and it is something that you cant screw up too much. I'll write up a how-to for the step-by-step section (damn...I'll have to draw the pictures).
I highly recommend a rotary tool (ie dremel) with a thin grinding-stone bit, over a drill....much more control. I only used a drill for the rivet holes (1/8"), since it would track all over the place w/o a starting hole/divit (something you cant really do on cf/fiberglass)
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