Rebel, I have never fooled with a LG or any of the other styrofoam incubators, so I am a little lost as to how many or where the vent holes are placed. It seems to me you are suggesting that there is only one vent hole placed in the top of the lid. Assumeing that this is correct, when the top of the incubator is closed the only place for air exchange would be the one tiny vent hole. Now if this is so, the heat inside the incubator would produce some positive pressure which would be vented thru that one hole, but where is the air exchange going to take place. Of course, if you are opening the incubator to candle or turn the eggs, then yea, you will be getting plenty of air exchange, but you are also loseing all your heat and humidity. For the thermal lift you are suggesting to take place, the incubator has to has some provision for the cool air to move downward to replace the hot air that is riseing, the hot air cant excape thru one hole without creating a vaccum to draw in replacemment cool air. For what you are suggesting to work, there would need to be another vent hole somewhere in the bottom of the incubator, or enought seepage around the lid to allow cool air to enter the incubator. Without taking a close look at the LG incubators I cant say one way or the other.
Now this is just my opinion based on not ever haveing fooled with, or even closely looked at, a stryrofoam type incubator. I would have at least two vent holes in the incubator for air exchange. I would place the fan directly over, or very near to, one vent hole and allow air pressure to excape thru the other vent hole. The ventholes would be restricted in size so that there would always be a positive pressure (0.1-0.2 inches on the Umanometer) inside the incubator and the fan speed regulated so as to not produce more than 9ft per minute of wind speed. This should ensure that to much air wasnt exchanged and that heat and humidity could be maintained and allow for good air movement inside the incubator. In such a small incubator as the stryofoam type, this would mean a very small or slow moving fan, and also very small vent holes. All you really want to do with the fan is create air movement, not a wind. One could also use more than one vent to exhaust the air pressure as long as the holes where reduced in size to maintain the correct positive pressure inside the incubator. I have read where some people use a toothpick to punch additional holes and would think this size vent hole might make a good starting point.
Everybody will just have to draw their own conclusions to what I have just said. If I run across a LG bator for cheap, I might buy it just to test my theories and see (IF) what I suggested could be true. Until then, I will defer to those that actually own and use the styrofoam incubators.
Bill