Update as of Aug 8th 2011.....
Made some progress (based on available time) on the oil lines/cooler setup. There is just so little room to work on this car. There is no room "under" the car, and no airflow that's safe other than in front of the radiator - unless I was going to fabricate a completely new core support and move stuff around in the engine bay.
Here is what the front end looks like sans grill and bumper...
I decided to use the PRC cooler in front of the rad, but also add a Canton oil thermostat. Here is the thermostat with some mockup fittings?
Oil comes in one side (shown on left in pic), and until oil hits 215deg it goes straight out the right side. When it hits 215, it goes out one of the middle ports to the cooler and then back in the other middle port, and then back out. It apparently has the least resistance and highest flow of any thermostat. I was concerned about a couple things. During normal "street" driving, my water temps are 190-195, and my oil temp is 180-190. At its worst, I got my oil to almost 300 before I shut it down, and water temp was around 220. I worried that during normal street driving, the hot oil in the cooler would reduce the cooling efficiency of the radiator and increase my engine temps in traffic. I was also worried that on cool days, I'd never get my oil temps to reasonable levels and run too cool oil. The thermostat solves for both of those issues.
I decided to vertically mount the cooler in front of the passenger side of the rad.
The vertical mounting brackets are 6061 aluminum 1/2"x3/4" stock, which I drilled lightening holes in.
I mounted the oil thermostat kind of behind the front bumper .
I decided to switch to a different Canton oil filter assembly, mounting it inside the engine bay kind of behind the passenger headlight. An oil line will run from the engine block plate up to between the passenger fender/inner fender, to the oil filter. It then comes out of the filter, back over toward the fender and down/around to get to the "in" port of the thermostat. The 2 cooler ports are already plumbed to the cooler. The final port will return oil back to between the fender/inner fender and then down to the engine block plate.
I installed the revised block plate with fittings last night. I only have left making 3 more lines. The engine to filter, the filter to thermostat, and the thermostat to engine.