Ok... I'm willing to be redirected to other threads about air filtration, but couldn't find any in search, so please post up a link and I'll do some reading.
2002 CB900f
I need a new air filter. As far as I see it my options are K&N vs 'stock replacement' (Honda Brand paper).
Obviously the issue is:
filtration: more is better, but you don't want to restrict air flow more than is 'necessary' (wherever that imaginary line is)
K&N =+/-$50
Honda =+/-35
Conclusion #1 - a K&N will only take 2ish years to pay for itself (assuming yearly replacement) then it's gravy as long as it's maintained properly (fold maintainece kit in to 'other' costs of owning the bike)
I did a lot of research on my Jeep before going with an AEM Dryflow, the consensus for me on that was a) I have to clean the thing so damn often that it paid for itself a lot faster, and the dryflow just needs some simple green and water, so it's simpler.
The consensus on the 4x4 forums was that paper was better overall... the main argument over the K&N is that as you allow more air flow, more crap is going to get through. There was also the 'attitude' that they needed to be a tad bit dirty to work properly, and since no one is really capable of doing the cleaning/oiling right, and consistently, filtration will suffer. Especially with the way the CB900f filters through the inside - out, I could see the oiling as being a bit of a chore.
I also have a WRX, and in researching mods, came across these:
http://web.archive.org/web/20050330043143/http://home.usadatanet.net/~jbplock/ISO5011/SPICER.htm
http://www.bobistheoilguy.com/airfilter/airtest1.htm
As with some studies that I read on motor oil being tested in NYC taxis (changed my opinion of the stuff for good), I was surprised to find that these more 'OEM' parts protected your engine better.
Conclusion #2 (this one is up for debate): paper air filters will cost more over time, but along with other regular maintainence to the motorcycle will extend the service life of the motor.
Insert your $0.02 below. Thanks!
-Peter