When one considers gauge pressure (the way we perceive vac/pressure), anything below zero is read in inches of mercury. Pressure is, for all intensive purposes, a positive value. In terms of absolute pressure, what you see on a gauge as zero is approximately 14.7 PSI(abs). What one sees as ~30 inHg in vacuum is close to 0PSI(abs). It is never actually called "negative pressure".
If you look closely at many boost/vac gauges, you'll notice there is a little script in the vac section that actually says "inHg", indicating that the vacuum portion of the gauge is read out in inches of mercury. (If you want to make a simple conversion, 10 inHg of vacuum would equate to approximately 5 pounds of "negative pressure")
As far as the cold air intake theory is concerned, it has been proven that the benefit of plumbing in cooler air is typically negated by the distance the air has to travel inside that pipe (especially for our platform). The longer distance a turbulent 'fluid' (air being considered a fluid in this case) flows through a pipe, the more restriction there is to flow. That restriction creates pumping losses which generally offset the benefit that might have been gained by the cooler air. Ideally, the pressure at the S/C inlet would be the same as the atmospheric pressure (0 PSIG or 14.7 PSIA). Having a long intake duct allows for more vacuum to exist before the rotors, effectively reducing the blower's efficiency.
If one were to design an intake that began with a ~6" opening and gradually funneled down into the TB over 2-3 feet, pumping losses could be lowered, and the benefit of cooler air might be appreciable. But, then one has a section of 6" pipe (and a rather large filter) to find a home for in a relatively crowded engine bay...