The question is it worth the effort for an extra 2hp? I just don't see it...
With n/a you just have to get the HP anyway ya can. And while the CAI in & by itself, isn't going to add much HP, it will help improve performance when you do go to a better cam,shaft profile, and better free flowing exhaust system.
Remember,to see any decent HP improvements in n/a Volvo engines,the mods have to work in "harmony". And the mod needs to be light in weight as possible. I just kept the stock airbox,and modded it to where it could pull in more air from behind the grille, with , hopefully, a little ram air effect too.... maybe. The gain is minimal though, in & by itself. But my 1st set up at making the preheat pipe an additional CAI, did make engine pull better from 3800 rpm to 5500. I hven't gotten to try out my second set up pictured below yet though, although I expect it'll do as good , if not a tad better.
For the OP, I chose to keep the great filtering capabilities of the OEM airbox, but do away with the preheat pipe hooked to the ex. mani. & i removed the flapper from airbox & sealed up holes where it popped in, with RTV sealant. Then re routed the preheat pipe and used it for an additional air intake behind the grille. A picture is worth a 1000 words, so here's what I did & now have....
Clearanced the grille a little to clear the 90* elbows
Relocated horns while I was at it..
Made an aluminum bracket to help steady it.