It is amazing how many people believe that better airflow = more power! Unless you have modifications out the wazoo, a more porous filter will just dirty your oil!
Well, that part I don't necessarily agree with, at least not for a gasoline engine. (The article was written about diesel engine filters, and diesels are a different case.) Even dead stock, restricting the intake is going to reduce maximum power. The question is though, by how much? Ignoring the fact that a TR3/4 motor is never going to pull 350 cfm without a blower, the author documented initial filter drop as being about 1.75" H2O higher with the most restrictive filter (compared to the least restrictive).
Since one atmosphere of pressure (the amount of pressure normally pushing air into the engine) is about 400" H2O, we can estimate the loss in power at 1.75/400 or about 0.4%. Or, if we assume your motor is actually making around 100 bhp, the AC filter would cost less than 1/2 horsepower. On the race track, where races are sometimes won by .01 seconds, that might be enough to make a difference. But you'll never notice it on the street!
PS, Diesels are a different case because they don't have to balance fuel flow with air flow. Most stock diesel engines are power limited by the injector pump (fuel flow) rather than air flow. Of course, the first thing you do when hot-rodding a diesel is turn up the fuel!