Yes as smithy says it can be done if u buy sum samco hoses with abit of moddin here and there which will help alittle as it wont be as near to the red hot engine but still a green enclosed or BMC wud be better!!
Also i dont think the filter u have is the correct one as ur breather pipe is not connected to anything, altho dont think it really matters!!
sdtowers - dint understand wot u ment, as if u ment it will lose BHP because its near the radiator then u r sort of rite but it wud still be in a better position than it is currently!!
Deano