Dun, I'm not sure about gas engines, but on the diesel side, simply replacing the filter with a K&N buys you virtually nothing. The stock airboxes themselves are simply too restrictive.
I would also heavily recommend you look to something other than a K&N. We used K&N for about a year in the air systems we designed, until we got fed up with the quality. We had alot of issues with separation of the filter element from the seal, as well as alot of fine dust getting into the intake tube. I'd look at a UNI foam if I were you. The foam gives better filtration than the cotton gauze filters, while still maintaining air flow.
If you're not in a high dust environment, a standard aFe filter (not the ProGuard 7) will work ok for you. Stay away from the ProGuard series as they flow even less air than a paper filter, despite what their advertising says.
Rod