I have used K&N filters for about 40 years and don't regret it. I have never seen one come out of the box with any enough oil to effect the MAF sensor and if there was, a squirt of MAF sensor cleaner allowed to fully dry would take care of that. If you keep your car for three years or so, you would easily recoup the cost difference of yearly paper filter replacement. You generally don't have to clean the K&N filters every year. People generally clean them too often. As for performance, the K&N is definitely less restrictive than a conventional paper one. This itself won't gain you much power. On ram air situations, the K&N will begin to show benefits. I have a 2003 Z4 3.0L engine and it comes with ram air stock. I have put a simple plate in front of the air intake to divert additional air into it and insulated the whole path into the engine. In this situation, I have increased the air volume, temperature and thus air density. Density is the key and with that combination, you do get better throttle response and a hp gain of an estimated 1 to 2% which is noticeable. It did cost me about $100.00 in the deflector plate and insulation and about two hours of my time. Judge for yourself if it is worth it. My estimate is based on a lot of information fed into to AI.