I have to agree that above air filter set is pretty restrictive, to answer your question, you boy a air filter to keep the crap out and most people are not wailing down dirt or sand roads and want air flow, because air flow equals performance.
Tony, rather than ask a bunch of questions here, look at the second KN part number I listed in the above post and use the KN website which gives you all the demensions you would ever want, very informative, then measure the room you have to work with on the car, that's what I did. These filters have a rubber sleeve on them, they just slide over the filter bases, use anything with a 3.5" mounting sleeve, then they just clamp on.
Rick, I think it's 5/16-18, but I may mistaken, on the HIF4 cars the carb bodies are threaded on the HS4, you use the stock threaded brackets that sit behind the carbs, besides the counterboring of the filter base there are no other mods.