What is the advantage of a cold air intake?

I dont know fully what it is. Its not cold air it takes it from the engine compartment, where its very warm. And then how is it better than a stock air box that take air from directly outside. I dont understand.

A "real" cold air intake does not pull from the heated engine compartment.

Many of these "so called" cold air intakes that you see on imports are nothing more than a cone filter.

How are they better? Well your stock air filter just sits there. These after-market, cone filter deals put money in a strangers pocket.