I talked to a rep from VIS and they're willing to setup a group buy with a killer deal.
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It's a fiberglass (carbon fiber also available for $200 more) hood that is fully functional. This is not a fake hood! It's a real Ram Air Hood! It even comes with a vent cover piece for when it rains/snows so you can cover it. I will be picking mine up today and will post pics of it installed.
As far as pricing goes, the site says $540 a piece. After talking to the owner, he can do a group buy of 5 for $340 a piece. The more people, the lower the price.
So, would anyone seriously be interested in getting one?