I seen this just recently and i don't know if it's new or not, but it looks really nice. The answer to all CAI! don't need to worry about water getting into it because it sits in the engine bay.
Actually, i haven't heard anyone using this so i have no idea what the gains are. Just saw the picture today and began to really want it!
http://www.weapon-r.com/airbox.htmlsorry...don't know how to post pics!
Check it out and tell me what you think!