Yes the mailbox mod is a smoke generator but with no heat source. I typically use the
AMNPS tray that is slightly elevated off the floor of the mailbox. The mailbox floor has maybe 9-12 1/4" holes in the bottom. The door of the mailbox has 4 holes. Yes a 4" hole in the back which the duct tubing is attached to allowing the smoke to go up and into the smoker's chip loader port.
I have used the tube with pellets or dust but my go to is still the
AMNPS tray filling each trough about half full with pellets. Sometimes I have lightly sprinkled some chips on top of the pellets.
Have never tried water soaked chips. Since the chips would not be in a tray that is very close to the heat source, I don't see how it would work in a mailbox mod.