It might actually be useful in a boosted application.
My first concern would be that whatever extra load you're putting on the oil pump might be more detrimental to your engine's longevity than slightly hotter oil temps.
It should actually be significantly lower load on the oil pump. As oil temperature rises, viscosity decreases, meaning it is easier to pump and also flows through all of the channels more easily. Worst case, your pump would go into relief about 60 PSI, which it probably already does fairly frequently, especially at high engine RPM.
In terms of restriction, your oil filter is going to be way more flow restricting than a stacked plate cooler. A bigger oil filter like the M1-301A will more than offset any increase in restriction caused by adding the exchanger.
