you gonna follow me aound on the forum and answer all my posts SVT_BMXer? haha j/k well it is rather nice! Um U'm pretty sure the grill they put in the hole is removable by some screws or something so you could potentially close the hole during rain, i guess? Just buy some plastic and make a filler?
I have a carbon fiber/fiberglass hood from DeftRacing.com.
It's a fiberglass hood with a CF skin over top, and is the same style as the Fiberglass one from ZXTuner.com
The hood scoop is functional, and I haven't really had a big problem with rain water affecting the engine or it's performance. It is definitely lighter than stock, you can't leave it sitting on the hood prop with a light breeze, or it will lift off the prop and you'll have an awkward situation.