My $.02. For where you live (N. Joisey), your stated driving (hpstreet), engine (428FE) would put a Canton baffled road race pan, and windage tray and leave it go at that. Spend your money on a power clutch for inching along in 0 - 5 MPH bumper-to-bumper traffic.
But if you envision a time when you'll be rumbling along at 90+ through Arizona or Nevada, use the
oil cooler with the thermostat.