The KC will cool to 60*s or so in the IC system so the meth won't get to close to being that cool.
Also another little tidbit the meth won't do much unless you put it "post intercooler". If the IAT's are colder than the IC itself then the IC will actually heat the air up when it passes through it. I was mentioning yesterday that Nitrous doesn't even help IAT2's or Downstreams and Meth isn't close for its cooling properties. I've done a bunch of reading on this over the years and watched some threads also where it was figured out by some well known Tuners where to put Meth for results.
Your right you won't get a great benefit from the meth as far a cooling goes if sprayed into the charger, because you pass through two seperate heating mediums that warm the air. You still to get a safety margin with the meth as far as an increase in octane and detonation protection. Ideally if you can spray just out of the intercooler that would be the ideal cooling location. Where would that location be on the GT500??