Sure.
The Uni NU-4055 is the same form factor as the stock paper filter, and fits into the stock air box in a like manner. I did not need re-jetting on any 550 with the early Keihin carbs. I can't remember if my 78 has one. Probably. But, the 77 and 78 models would be the most sensitive to filtration changes. Might have to re-adjust the IMS on that one.
There is some slight leaning of the mixture due to it having less restriction than the paper at mid to idle RPMs. They likely do not flow quite as well as a brand new paper filter near red line operation, due to the nature of foam filtration. But, it wasn't a noticeable power change as I recall. I haven't ever changed any carb settings to compensate for the air restriction difference. The fuel mileage improved some and they don't seem to get nearly as restrictive as the paper ones do when they get older. So the mileage improvement is more consistent during time between servicing. They do have to be oiled, and I recommend the oil and cleaner aerosols Uni sells for that purpose. The first Uni filter that I bought lasted 15 years before I noticed the foam begin to deteriorate. I still clean and re-oil them at least once a year. They should probably be cleaned at the regular Honda maintenance schedule (6 mos./3000 miles).
I would still prefer the paper type if I operated in very dusty environments, as I feel it will trap more particles than the Foam type. But, I've got 42000 miles (so far) on the 74 using the Uni filter in the San Jose, Ca area.
I think the stock Honda paper filter is around $50. The Uni is about $25-30 and even if you add the oil and cleaner aerosols, it is more economical by comparison after the first year or two of use.
Cheers,