i hate to be the nerdy bguy who rags on and on about somthing so simple but i feel like i should explain how carefull a selection of an intercooler must be.
the drop in temp depends on the efficency of the intercooler and what style it is, also what turbo you have, the exhaust backpressure, the cam timing, the boost pressure, the fueling, the fuel timing, the intercoolers rated cfm @ (X) bar, ambient temp, where you actually put the intercooler, the shrouding around it, and probably a dozen other conditions i cant even think of.
with air to air you cant get the temp under ambient, but it does a good job for 99% of all turbo cars. i was just at the 12 hours of sering, and i did not see a single car there that did not use an air to air intercooler. doesnt mean there wasnt any air to water setups, its just that i didnt see any.
you can get the temp under ambient , actually WELL under ambient if you use an intercooler with a dry ice. you can get under ambient by spraying nitrous on a conventional intercooler. it just sepends on how far you want to go.
most people use use a plain old air to air intercooler and dont worry about water and ice and nitrous. and actually, for daily driver use and road racing air to air is normally the best.
for drag racing, nitrous, dry ice, water, all work great for spraying onto (not into) an intercooler.
you can spray nitrous or water into an intercooler, but this has other consiquences.