After installing the system on Oscar Zavala's Vortech-blown, '01 GT (which takes about two-and-a-half hours with no need for exotic changes to the 'Stang or CryO2 components), we learned through dyno and heat tests that spraying liquid CO2 on an air-to-air intercooler definitely enhances the 'cooler's efficiency and promotes power, torque and boost gain.
However, despite enabling the intercooler to transfer heat better, we also noticed that the spray-cooling process is somewhat short lived, especially when it's used manually. Using a throttle-position-style activator is probably the most optimal method of triggering the CryO2 system for use on the dyno, or high-end freeway blasts and such.
When firing the unit with a button, the drag-race environment is perfect for cryo-cooling an air-to-air intercooler. A couple of shots right before staging a supercharged Pony is a sure way to leave the line with big steam.