I would think that a drop in K&N would give the same amount of power as any of those cone filter kits and here is why....
1)the filtering surface area of the cone is pretty much the same, maybe even less than the panel filter.
2)the stock airbox has a long slot opening at the bottom and a round opening at the fender hole so it can get plenty of air, even fresh cold air from the round hole, where the cone filter would see mostly underhood air.
3) if airflow was the biggest restriction against the panel filter in the stock airbox, the bottom of the airbox can be cut to correct this as mentioned already.
so, imho, you can spend $40 for a drop in K&N and have the same performance boost as the $135+ filter kits.
until someone can post info showing otherwise, i'll keep the price difference and have a lot of cold beer
Donkey out