If you try to remove just your air cleaner lid, you'll find that you can't because the "soup bowl" is protruding down in the center of the air filter. Remove the entire air cleaner, flip the lid over and you will see the soup bowl. There are six spotwelds holding it to the cover. If you have a set of spotweld drills, find the proper size drill and drill the spotwelds on the bowl, not the lid. If you are careful, you can drill the welds without going through the lid. Then pull the bowl off and dress the lid so there are no pieces left. If you go through the lid, you'll need to plug the holes.
There is no increase in horsepower to speak of. Some say it's worth the effort, others don't. At the very least, you'll be able to remove the lid without disturbing the base. Tim