I don't own one, but I have shot one of the MSG-91 "Perimeter Rifles" that PTR sells with the Magpul stock. It is a very nice setup and a great alternative to the real PSG-1 buttstock that, if you can find one, will run you several hundred dollars more than the Magpul. The only "gripe" I had about the stock is that it screwed with the balance of the rifle and was significantly heavier than the standard buttstock.
As for additional parts needed to install the Magpul stock, you need a steel buttplate and a standard buffer (the PRS won't work with a heavy buffer without modifying the stock to fit it).
You don't need to buy any extra parts as long as you don't plan to use your regular stock to switch back and forth. Just unscrew the buffer screw, take the backplate assembly off of your old stock along with the buffer, and reinstall them on the PRS.