Mid mount intercoolers help keep the intercooler from becoming the first thing that gets hit when you run over some poor animal or run up on a curb pulling into a parking spot. The performance gains (when done correctly) are MUCH quicker boost due to having less intercooler piping. Some people prefer mid mounts because it gives the car more of a sleeper look since the intercooler isn't hanging out the bumper.
I agree with you Sills, keep it simple. Less intercooler pipe means less couplers, means less hose clamps, means less possible leaks. Shorter intercooler pipe, quicker boost!
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