Zocky3,
If you have the REVUP engine keep in mind that the plenum spacer (by itself) does not work on the stock revup lower plenum.
Please see this link for an unbiased and independent test:
http://my350z.com/forum/intake....html
If you have the revup engine, use the spacer with the MREV2 for really good results. This is easily the most effective NA bolt on available for the REVUP engine.
If your budget limits you to one or the other (Spacer or MREV2) start with the MREV2. The MREV2 will make great gains by itself and you can always add a spacer later for additional top end HP.
This plot illustrates the basic differences. See plot legend for configuration details.