454cid
Sooper Pooper
Some folks remove the seal at the rear of the hood in a misguided attempt to "vent hot under-hood air". Problem is, of course, that the back of the hood is in a high-pressure area when the vehicle is moving. Instead of venting hot under-hood air, outside air is blowing into the engine compartment (think about the "cowl induction" hoods--of course the air is traveling into the engine compartment.) Air coming into the engine compartment from the back of the hood raises the pressure in the engine compartment, which reduces the airflow through the radiator.
The secondary purpose of that seal is to keep water out.
I think I probably removed it when I pulled the plastic cowl cover off. I never thought about it impededing air through the radiator because of pressure.... I certainly don't need that, as I've got enough disadvantage already with the fan shroud removed.