Many in this forum have drilled holes in the air box and claim "no problems" along with a noticeable power gain. Others have declined to do it for two reasons: first, the increased possibility of getting water into the filter/intake; second, breathing the hot under-hood air instead of the cooler air from the stock tube & baffle behind the grill.
Suggestion: go to deja.com and read the lengthy earlier discussions on this matter.
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Guy A.
Ripley, TN