Barry, we desperately need to find you a "spell checker" :)
In my opinion, you're thinking is off the well beaten path and in some instances can ultimately become very costly
VW air cooled Type 1 engines don't really need an external cooler when used as intended. They were limited to 1,584 cc's (1,600) and a maximum of 53 HP and could be driven hard all day without too many issues arising.
Porsche's original 4 cylinder engine for passenger car use didn't have an external oil cooler but, their race engines did have a cooler. Porsche realized that once an engine is stressed, maximum cooling was needed to make the engine live. Since no more air could be delivered to the cylinders, they opted to cool the oil.
When the 911 was built, Porsche realized that the extra 2 cylinders and more spirited driving caused higher engine temperatures thus, an external auxiliary cooler was added as an option. As their engines grew in size, Porsche eventually made the external oil cooler a standard item.
Regarding oil filters, It has always been my opinion that a full flow case with a large "screw on" canister filter such as a WIX 51515R was the absolute best option you could add to any VW air cooled engine. The WIX filter is far superior to a FRAM HP1 but, a FRAM HP1 is better than no filter. Another reason I recommend a large filter is because it holds almost 1 quart of oil. That's almost 2 quarts of extra oil when combined with an auxiliary cooler and accompanying AN oil lines
Your theory of having 5 mm of deck height will cause you more problems than you realize.
By increasing the deck height to 5mm or 1/5 of an inch, you create a combustion problem and increase the chances of a cracked cylinder. When combustion occurs, it will occur both in the head and in the .20 of an inch deck height. You'd be much better off having your heads relieved by having someone raise the valve seats and add some "dome" to your cylinder head. More than likely, you can't raise them enough to achieve a 6 to 1 compression ratio but you will be able to relieve them enough to run a lesser deck height.