I believe what the OP is asking is if there is a way to make the stock oil cooler run full flow. If it is, would doing so provide an advantage.
Well, if you replace the stock oil filter housing with one which can provide full flow to the oil cooler, then yes, you can make it do so. There is no way that I know of which can make the stock oil cooler full flow. If you were to divert 100% of the oil into it, then your engine would rapidly die of oil starvation, since the return from the cooler dumps back into the pan instead of running through the rest of the engine.
If you replace the stock oil filter mount with a cooler adapter (Similar to the trans-dapt oil cooler kit I bought) and replace the bolt with a 7M-GE oil filter bung, then you can do it, and the oil will flow through the engine as intended. However if you use the stock unit then it will pose a significant restriction to the flow of oil, seeing as how it's got a very small diameter, since it's only meant to take a small fractional flow.
Though the oil cooler kit that I bought is a fairly small cooler unit, it's 1/2" diameter, which should allow much easier flow of oil through the cooler resulting in better pressure in the oil system.
tl;dr: If you want a full-flow oil cooler, buy a full flow oil cooler. One for an older Ford (Using a Fram PH8A filter) works, though you need the 7M-GE oil filter stud.