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Sounds good. Some sort of mesh guard over the fog light may be advisable to prevent stones/small birds/whatever etc damaging the panel filter.
Without relocating pipes, cutting into scuttle panels and spending a fair chunk (£100 or so) that's about as good as an induction setup is going to get.
P.S. It may however be worth making a Ph1 airbox fit. Some standard airboxes are suprisingly bad at efficient air flow.