My feeling about the K&P and the Pure Power filters is that I wouldn't trust them until I see independent testing that verifies they are at least as good as the paper filters in cleaning particles from the oil (which is, after all, the primary function of an oil filter). So far I haven't seen anything from either company, and definitely not from an independent source, that proves with oil analysis results after 5k miles with a paper filter and after 5k miles with the S/S filter that the S/S filter is as good or better.
The horsepower claims from Pure Power (blindly passed along by a couple of bike mags) are based on reduced pumping losses through the S/S filter (it takes power to force oil through the filter and through all the oil passages). They do not explain how they achieve less restriction than paper filters without allowing more crap to pass through. They also tend to gloss over the fact that their results were obtained with lighter oil (40 wt vs 50 wt), which none of us would want to use in these hot running engines. When BikeWorks fell all over themselves a few months back singing the praises of this system, I shot an email to the editor suggesting they were doing the readers a disservice by making it seem like they were making the claims and not just passing along the claims of an advertiser. I pointed out the lighter weight oil, and then suggested they just take the guts out of a stock filter if they want max power from reduced pumping losses, and save the $200. Needless to say, I didn't get a response.
The fact that these companies claim racers use their filters (NASCAR, etc.) really isn't all that impressive when you think about the fact that a racing engine only has to last for one race. Lower restriction would trump better filtration when you know you'll be rebuilding the engine every 500 miles.
JMHO - Jerry