you'll end up with much less power i'm afraid.
when a turbo is used on a car, it causes the charge to get hot which is where the intercooler comes in to cool it down a bit.
on a n/a engine like the one you have, there is no turbocharger to make the air get hot, so you dont need an intercooler to cool it down
now if i installed fog lights into the hole where the intercooler is ( bottom right) would the fog light restrict airflow to the intercooler or will it not affect it?