It's an intercooler. That thing on the compressor inlet of the turbo is for the water/meth injection. In your build, it looks like there is a lot of air that will bypass the cores. Is that filled in and not shown?
That's a very interesting charge cooler. Side note: measure your valve stems. AAZ's had two different sizes over the years, 7mm and 8mm. Make sure you get the right valve stem seals for your head. Now ask me why I have to pull my head back off...
...BTW your Bieber avatar is awesome.-Malone