From my recent experience of having installed the Injen CAI (having driven with it for approx 1000 miles), here are some perspectives (rating of 1 to 5, with '5' being the best vs. stock)
1. Looks/style: 5
2. Sound: 4
3. Performance: ~ 2.5
4. Cost: 3
5. Installation: 3
Keep in mind, I did not have my car re-tuned after installing the CAI so I do not have any dyno numbers of any possible gains or losses. I recently removed the CAI and re-installed the stock airbox along with the Ztube in order to drive my car in wet weather. I'll probably install the CAI back on in the spring and get a comparison on the dyno.
The install of the Injen CAI is pretty straight forward and I did not need to go thru the fender liner. The filter cone (non-oil contained) sat right next to my driver-side fog light (where I have custom mesh lower grilles for my 08 bumper swap)... definitely getting cold air...I'd park the car after a drive and pop the hood to feel the intake tubing and it was not hot.
My impression about re-installing the stock airbox in terms of performance, I do feel a difference in the overall power band. it was more consistent compared to the CAI. The bottom end with the CAI felt a little sluggish unless you have the RPM's above 2100, then from there it feels great.... I relate that to not having the car tuned since my Uprev tunes were tailored to a different set up.
Similarly, in my younger days, I ran a CAI in a BMW where I did an engine swap in my 1993 BMW e36 (325i) by adding an '95 M3 e36 engine. In addition, I had the Dinan CAI installed (similar to my current Injen CAI, where the filter cone sat below in the front bumper area) and prior to having the car tuned, it felt sluggish until I got on the pedal and then it pulled. Once the car was tuned, I noticed the difference almost immediately - in every range of the power band.
In my opinion, "just" adding a CAI to an otherwise stock set up will only yield some good 'growl/noise' under acceleration. The ECU will make adjustments accordingly. However, if one were to have more performance mods and install a CAI and get the car tuned, I think the gains would be overall positive. I'm really curious to get my car to post some numbers with/without the CAI and stock air box....I think the VQ35DE engine is really sensitive to specific mods.... The mods that I've done since picking up my M in 2010 have been documented and I've posted some numbers accordingly, so I'm looking forward to do the same with the CAI vs stock airbox...more to come. But in the meantime, when I have the polished CAI installed, it looks really good when my car is parked
