That proves my meager point Elrod. What I'm seeing here doesn't actually draw in anymore cooler air, pointing up or down, it's on the wrong side of the radiator. Plus, the remaining parts of the A engine are so inefficient that the air density will make a minimal amount of difference. When you're chasing horsepower and elapsed times, that's where it typically makes sense, while you're trying to get that last .2% of extra power.
Fuel economy doesn't increase with cool air, it increases with heat. You're burning the mixture more efficiently when the combustion temps are at an optimum level.
And one last thing, since the intake manifold is connected to the exhaust manifold, any cool air benefits that might be realized by the air intake, and wiped out due to the intentional heating of the intake manifold.
Also, modern cars pull from the inner fender well or core support because modern cars are so tightly packed and operate at a higher temp that they create heat sink, which is detrimental to the performance, so they pull from a cooler source that won't pick up water, not because of fresh air. It's actually considered stale air.