thermal flap is on the underside of the air cleaner lid that goes to the accordian looking tube. theres a flap there so it heats up your vehicle when its cold and at operating temp it closes. they take warm air right from the exhaust manifold.
as for fuel pressure on a stock engine its not needed but you can bump up your pressure a few psi by putting a quarter under the regulator spring. do the ultimate tbi mods as well.
What are the benefits of doing this?