First of all the reason I did this was that I felt that the price for the K&N FIPK was over priced for the ammount of power it produced. Second I felt this was worth a try and if it didn't work then I could always buy the kit. And last I wanted to have the ability to go backwards if it didn't give the results I wanted. I feel that there was a performance diffence that could be felt and an increase in throttle response. I myself have the 4.6l and I assume it will work for all.
You might notice that the filter make a bit more noise as the increased air goes in but you'll get use to it plus the increased power and throttle response should help one over look it.