At that pricepoint you can do a full turbo setup and make more power while being easier to adjust for smooth delivery. If it was like $250 it might be neat, but $500 is way too much. Boost isn't great for 2strokes but on a 4stroke it is awesome.
It is plenty big for a 50cc. That nipple on the side isn't an inlet or an outlet, its just a vacuum reference port. The actual compressed air outlet that would run to the intake is 22mm across, which is pretty big for a 50cc. In their testing on a 50cc it cut the 0-30 speed by a full 40%(almost half!), that is a HUGE amount of power increase.
No, boost bottles don't really do anything on these motors. Supposed to balance intake pulse waves but all they do is mask tuning issues. No boost is created - you can't make boost passively unless you are using ram air and going ~100+mph.