Jeff, an alternative that you might want explore is a Frantz bypass filter. The replacement filter is very inexpensive...a roll of single ply toilet paper!
http://www.frantzfilters.com/The newer, modern style advertised on the website is a bit pricey.
The older model called the Sky that was made by John Frantz starting back in the 50's is usually easy to find on eBay with prices ranging anywhere from about $25 for a used one to $100 for a NOS one. John Frantz sold the rights to the older models to a guy named Ed who is a great guy to deal with and carries all of the parts such as gaskets for the old Sky model. He also sells a newer model similar to the Sky called the Refiner. Here is his website--
http://www.toiletpaperoilfilter.com/thetoiletpaperoilfiltercompany.htmlThe Frantz bracket will mount to the intake manifold just like the AC or Fram bypass canisters that we are accustomed do seeing. It is as easy to install as an AC or Fram bypass canister. You can use hard lines or soft lines if it is mounted to the manifold.
Skeptics might think the idea is nuts. Hotrod Lincoln is the one who got me to think about using a Frantz a couple years ago when I was working on a project to install a spin-on canister filter on a full flow 261 combined with a bypass filter. He recommended the Frantz instead of a typical bypass canister.
If you want to do some research, do a Google search and you'll find plenty of information.
Matt