The plenum spacer increases the volume inside the upper intake plenum for more usable power in the RPM range. For G35's with the REVUP (05-07), the MREV2 will give the most gains with use of the spacer. Check out this site for info:
http://www.motordyneengineering.com/faq.htm
Here's the thing on warranty's...
Any modifications you do to your car that have a direct affect on the system that failed, will void the warranty.
To put it another way, if you put on an intake and your throttle body fails, then you might not get warranty work done for that item (out of pocket). However, if you put on an intake system, and your seats no longer recline, because your mod has nothing to do with the problem, it will be covered under the factory warranty. The main one that bites people is suspension mods.