Not to argue theory here but to add a practical point of view---in too many years of fooling aroung with heat exchangers, inter-coolers, after-coolers, oil coolers, etc., color has proven to be a "non critical" point. We painted the air to air intercoolers, grill mounted, to match the color of the race car just for drill and it made no measurable difference in intake air temp (T-Coupe)---flat black anodized, same deal. I admit that thermodynamics is not my area but, I have relied on several of Ford/JBA engineers sugestions in years past and now just mount the heat exchangers as they come out of the box, usually a silver anodized finish. I have been told several times the three basic truths to proper operation is , airflow, airflow, airflow!
One note, though. We did a 'natural fiish' ie, used Easy Off to remove the anodizing---bad idea! By years end the fins were showing signs of corrosion.
Rod