I run an Airtech TMIC and even after being thrashed, it's almost cold to the touch. Leave it a couple of minutes though and it can almost be too hot to touch. Heat soak is terrible and you can really feel the effects of a sluggish throttle coming out of town or in stop go traffic.
I guess it depends on what you will be using the car for. I was speaking to a guy that hillclimbs an R53, he suffers from heat soak due to having to warm the car up stationary before the start (obvious I know) and then he's only using it for a minute or so before his run is over. If you're tracking it, or live away from traffic, I think a TMIC would be fine as it's always being fed cool air.
I too have considered water / methanol injection, but not tuning for the methanol just in case I run out and pop my engine. I also have concerns it freezes up in winter. Hopefully the methanol will prevent this in the tank, but I'm not too sure about it once it's in the thinner tubing.
There's a brilliant comparison on North American Motoring between many TM intercoolers. A few years old now, but so are our cars and things haven't changed that much.
Not sure if I'm allowed to post links, please remove if not allowed
http://www.northamericanmotoring.com...ing-tests.html
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