Well yesterday I hacked on the second seat I bought - I put a big rectangular hole in it over the airbox. I put the seat on and ran up and down the street in front of my house. It seemed to run just fine, but of course, if you don't measure you won't know. When I get some spare time I will take it out, run it on idle for a little while, and then run it up and down the freeway to see if it adds any top end.
I don't really care about being in front - except on the street where I may want to get away from some crazy. I mostly would like some power for when I get a snowbike kit and some SM wheels for the street.
I think the hole in the seat would be better than holes in the shrouds - I will put some air filter foam in the hole in the seat and I think this will keep less garbage out of the airbox than if I open up the gaps between the seat and the shrouds.
Either way, it is currently only a $50 investment. I still have my GUTS seat, so I can put it back on. Later, if there are any local dyno days, I will see if I can get a dyno run with both seats and see what the difference is.