Think about this... the purpose of an intercooler is to cool air that has been pulled from inside the engine compartment, then compressed (which heats it up).... You exchange heat from that hot, compressed, engine compartment air, with the relatively cooler ambient air outside your car. On top of that, it still doesn't cool that hot air down to the temperature of ambient air.

So, why would you take ambient air... and then "cool" it with ambient air that is the same temperature as the air you're pulling. Crap like this is 1.) ricey and 2.) completely ineffective at its inferred use and finally 3.) providing a restriction for air going over your radiator and causing you to lose its thermal efficiency.

Save the cash and get a cold air intake.