This should help you select the correct air filter for your engine. I'm pretty sure the wrong one is on mine right now.
To calculate your airflow needs of your boosted engine you take your boost pressure and divide it by 14.7, then add 1, then multiply that number by the cubic inches, then multiply be the maximum RPM your engine will see, then divide that number by 3456 and you get the airflow needs in CFM or cubic feet per minute.
or (boost / 14.7 +1) x cubic inches x maximum rpms / 3456 = cfm requirements of your engine.
This formula is directly from a representative at K&N I spoke with earlier today.
Mine came up at 25 psi and 6500 rpms of 686 cfm. It was suggested by K&N to use an 800 cfm filter for my application.
I don't know the flow of my current air filter, but I know the car feels alot faster without it. Just an FYI