Boxes are good, my only gripe is location when its closer to the engine/firewall. No matter how well insulated, the general ambience though hot all over is a bit more higher there. Not saying it wouldn't work, just it be a bit more efficient away from that area.
Where does your current box sit? If your dead keen on the box, I've seen the box setup wherby its modded to fit in the corner near the headlight and pretty much sealed off at all corners I.E lid goes right up to the headlight.
Remember metal is a conductor.