This is a good question. The biggest reason to use a deep pan is fluid capacity vs temp. High stall converters run hotter. They also hold less fluid being smaller in diameter. If you have aerated fluid, it will be everywhere in the pan, not just the top. Now if the filter becomes uncovered during hard accell and sucks air you would have an issue. Does the filter stay covered using the stock pan? If so when using a deep pan it probably doesn't need to be lowered. The windage shouldn't change using one or the other. The 518 truck pan is deeper then the standard deep pan. I ran it (and still do) with the stock length filter extension with the 518. Never had an issue with the filter 1" off the floor. Car pulls the wheels a foot or more for about 1.2 seconds (60 feet). Later I did build a deeper extension. Probably just added weight. I've talked a few times about creating acceleration baffle in the rear of the pan. Some very smart guys in the business told me not to waste my time. So in conclusion. If you have enough capacity it probably doesn't matter if you have a filter extension. Does a cast aluminum pan offer any strength over a stamped steel? Can't answer that either. Never broke a case.
Doug
Doug