It's not a waste at all. As the late, great Aldive once said, it's not any one particular mod that is going to make your truck, but rather the synergistic effect of all the mods put together. Sure you might not notice a huge increase from just an intake kit if that is your first mod, but you'll be happy you have it once you start adding other things to your truck that can take further advantage of your aftermarket intake's greater capability to reduce air turbulence within the tube, and flow more cooler air to your engine faster. There's a reason he shaved his roof rack, kept his truck waxed and shined for less air resistance, and he got great rwhp and achieved the 30mpg mark. I've based a lot of my mods and work off of his great posts on this site, and he always backed up his mod with scientific data. Search his former posts, the proof is all there in the numbers. If he found a mod didnt work, he explained why, and removed it.
He was hands down one of the best contributors to this forum, and I still go back and re-read many of his threads when I'm researching my next mods. RIP Aldive!