Stock Air Cleaner Canister/Housing question - I have a 1955 Ford Crown Victoria and want to modify the stock oil bath canister to accommodate a modern day dry air filter in the canister.  
   1. Here are some of my concerns. 
a. Getting enough air flow across the dry filter.  Should I drill holes up through the bottom of the canister to get the air flow?

b.  Well I have enough space to use this stock canister and still close my hood?  I have a 1957 intake and a 390ci Holley carb. on the engine now.  I am afraid to put the stock air filter housing/canister on the carb now and try to close the hood.  Thinking that the hood and canister will hit and I will damage my hood.

NOTE - I  am sure that somebody has mod-ed a stock air canister to accommodate a modern day dry air filter.  If you have please give me a heads up on what you did.  If possible send pictures.

Thanks,

Ray