There are two instances in my car's life where that filter would have been punctured or even ripped off due contact with items under the car.
While I can appreciate the increased oil capacity (slightly), I would hesitate to use a longer filter if I couldn't be absolutely certain I wouldn't hit something with it.
Other than that, the filter is very similar to the standard version, minus size and reduced burst strength. I attribute the difference in burst strength to the larger size...shouldn't matter much.
Oh yeah, anti-drain back valves do not apply to our application, as the filter is aiming up in a vertical fashion....the oil will never drain out of it.
Additionally, you are assuming they use the same filter material in each application. The smaller filter may flow the same or better, and this could be achieved by using a filter media with tighter pleats increasing surface area, or reducing filtering ability (negative change).
Either way, oil pumps are positive displacment...so your getting the same flow through the filter regardless. Its true, the oil pump can go into bypass....but I doubt that would happen under normal driving unless you are wailing on a car with thick oil and a cold engine...like 20w-50 or something. Additionally, the oil filter can go into bypass if the pressure drop across the media is greater than 8psi (our application). Nobody really knows how often filters go into bypass...some say all the time, others say hardly ever.
Assuming the same filter media is used, and the larger filter actually contains more filtering material and surface area, then yes...the larger filter would be desirable in applications where there is a chance it could go into bypass....such as road racing etc. That said, you won't hit a curb on the racetrack....so there is no risk with that longer filter. Daily driving is a different story.
That aside, larger oil filters are usually a good thing (assuming filter media is the same or similar). However, in applications such as ours where a longer filter can be damaged by road debris (has happened numerous times on duratecs), perhaps using an oil take off plate and a remote filter mount is a safer way to use a larger filter.
I don't mean to discourage you or anyone else. I applaud your resourcefulness in finding that alternative application...I just want to explain the risks with that filter. If you were to damage it on a curb, and not realize, you will be buying a new engine....as Ford will not cover warranty work when that filter is used if it proved to be the cause of the failure.
P.S.
There were some instances of that gold textured crap getting down inside the filter. I would inspect any filter before buying it, and look for gold flecks inside and around the threads etc.