Drilling holes in the bottom of the filter box will do nothing but get you higher EGT's, been there done that, ended up costing me to buy a used filter box and snorkel from a service shop. I also tried the BHAF and got the same results, higher EGT's, so I switched back to the stock box with the snorkel sucking cool outside air, which is the only thing I have found to reduce EGT's. I am looking into fabricating a houseing for the BHAF to suck outside air as I beleave this is the only truely way to reduce EGT's. You have to get cool outside air into the system not hot under hood air to reduce EGT's.
A better flowing air filter than stock box and filter will aid in faster spoolup or and high Hp (400 + Hp) applications to reduce EGT's but for the average guy makeing a little over stock Hp sucking underhood hot air will not help him in reduceing EGT's.
Ron