You can find this info in any number of books. On a daily driver thought that hot air makes a big difference. Last summer, after reading what Mat T wrote I thought ok, maybe the real engine builders may be wrong so lets test this open cone thing. My main thought was, if this really works I can get rid of a lot of clutter under the hood. On a hot summer day I pulled my Wizaired out and installed an open cone. The car was noticably slower driving aound at 45 MPH. I was watching my IAT's which never got below 120* iirc. I went back home and within about 45 minutes I had the wizaired back on and repeated the same path. Like normal the car was very responsive and IAT's while moving were never more than a couple degrees above ambient.
The other thing people, especially those w/o IC's, notice is that their cars seem much quicker during late fall and winter. I believe even back in the day once my carb'd cars were up to temp (manual chokes back then) they felt quicker during the winter.
Again we are talking daily drivers here. No biggy though. Those that want to read up can do so, and try this out for themselves.