Classic license plates

[vahe]

Ok, I have a 77 240D, in State of Texas one can get special classic car license plate for cars that are older than 25 years with no inspection requirement and a new plate every 5 years, the cost about $75.00 if I am not mistaken. I do not know what the rules are for other states but I am seriously considering doing this despite the fact that this car is my daily driver and not a garage queen.
Has anyone done this? pros and cons please, as far as laws are concerned, your comments would be appreciated.

Vahe
240D 77/350K
E320 97/66K