In 2009, my group ran Pearce Ferry Rapid and it was a piece of cake. I really enjoyed going all the way to South Cove, as it added a good conclusion to the trip, finally seeing the river current end in a "lake." Rowing the few miles across the beginning of Lake Mead was not at all difficult for us.
In February of 2011, at about 20,000 cfs, we took out at Pearce Ferry, derigged, and hiked down to view PF Rapid before heading home. Being a relatively conservative boater, I saw no viable line, and the eddy at the take-out for the portage (a daunting task with Grand Canyon rafts and equipment) looked small and close to the beginning of the rapid's pull.
I have another trip coming up (Jan. 2012), and am definitely taking out at Pearce Ferry again. The rapid is just getting too huge to be fun for me.
Since shuttles have to be set up in advance, and Pearce Ferry is more than likely a long way from where you live, scouting the rapid before your trip to help with your decision is probably impractical. Good luck with whatever you decide.