Tempaflow is a carburetor compensator, it leans out the mixture from 1/4 to full throttle by creating a slight vacuum in the float bowls. The vacuum is controled buy a material that expands as it gets warmer. This changes the amount of air that is allowed to pass by a small orifice within the tempaflow. More air past the orifice, creates more vacuum on the floatbowls. Vacuum in the bowls leans the fuel mixture when it's warmer outside, keeping your fuel mixture were it needs to be for a complete burn. This improves emissions, power, and mileage.
Basically it's the same idea as ski-doo's DPM, but is not electronically controlled. It's better than a dial-a-jet because it also compensates for part throttle mixture, as the dial-a-jet only changes 3/4 too full throttle mixture.
Tempaflow, is in my opinion, one of the best things you can do to your sled for consistant performance.