The R coolers are certainly better than nothing (and definitely better than putting an un-ducted cooler in front of the radiator/intercooler)... but they're still not really great because much of the airflow will go right over the coolers and towards the outside of the car. If you watch a bunch of wind tunnel testing (search for AJ Hartman on YouTube) you'll find this a lot.
Do not mistake that for it not "working"... but there's nowhere near as much pressure on the edges as there is in the center grille. Pressure differential is what allows airflow to happen. The wheel well is a high-ish pressure/turbulent area for the stock coolers to dump into. Again, it'll work but it helps to do other stuff to make it more efficient.
Some solutions would be to add a small "fence" to catch some of the air spilling over the sides of the opening and/or vent the fenders to allow some of the pressure out. Everyone always ignores the fact that air needs to escape.
All that said, it's also not ideal to just dump the oil cooler air under the car. We just chose to do so as the lesser of evils and out of pure simplicity.
It'll contribute to some lift at higher speeds, but neither me nor redslaya could tell a perceivable difference (though I'm sure there was some). His car being able to run a full 20 min session while picking up ~10mph on the back straight was more important than whatever handling deficiency that might've been introduced.