Along with what JC Okie said, keep in mind: When you double the size (diameter) of a hole (circle) you roughly quadruple the area. So you are not doubling the airflow volume your are quadrupling it.
Area of a circle = pi*r
2
(Baseline diameter of "1" units) = 3.14*.5
2 = .79 area
(Increase to diameter of "2" units) = 3.14*1
2 = 3.14 area
(Increase to diameter of "4" units) = 3.14*2
2 = 12.57 area
If you don't know your sweet spot, increase in increments or you will exponentially increase air flow and risk ending up with a cap you don't want to use.
If you have a stainless steel corkscrew, put it in the air hole (both from inside and the outside) and bobble it around to open up the air flow a little at a time. This is especially useful if you don't happen to have a nice drill bit index, and it works on SS
rba caps too.