Short answer - yes
Long answer - you would do well to change the panel filter for a K&N and maybe drill the airbox too (opinions vary here) as it is alright getting the exhaust gases out but you need to get the air in to begin with. When you have the powerflow manufactured, ask for the centre silencer to be removed. Amazingly, it makes little difference to the noise, but does free up the exhaust flow. I have mine done, but mated to a mongoose box, and the noise level is only 109db. The 4-2-1 manifold is a rare beast indeed, but if you can source one, then this alone is reputed to give up to 10 BHP coupled, with maybe, another 8 from a good exhaust/air filter system, then you should be able to find a noticeable difference. However, dont expect miracles, it is still a cab.