I was doing some research and ran across some onfo from Jim Fitch, an engineer and CEO of the Noria Corp (look 'em up if you aren't oil-nerdy enough to know them yet). I found it in a 2010 article from Machinery Lubricationentitled, " Filter Economy- Insider Tips on Managing the Costs of Lubrication Filtration."
Regarding oversized filters, Fitch said,
"The lower the oil's flow rate relative to the maximum allowable element flow rate (catalog flow rate), the better the filter economy. This is also referred to as flow density. For instance, doubling the size of the filter may triple the dirt holding capacity (and triple the filter's service life) but may cost less than twice the price."
I know what this says to me but you can add the info to your arsenal as you see fit.
Regarding oversized filters, Fitch said,
"The lower the oil's flow rate relative to the maximum allowable element flow rate (catalog flow rate), the better the filter economy. This is also referred to as flow density. For instance, doubling the size of the filter may triple the dirt holding capacity (and triple the filter's service life) but may cost less than twice the price."
I know what this says to me but you can add the info to your arsenal as you see fit.