Nola, This is an interesting subject and maybe a little late for you but...
If your objective is to cool the trans fluid then a thermostatic by-pass valve + a supplementary cooler in series with the existing lines is possible .I have done this successfully on other vehicles. Derale have a valve for around $50+shpg.
http://www.etrailer.com/Accessories-and ... Qgod5lUAQAIf you are also concerned about high trans temps causing the coolant to boil, consider using the plate cooler you mentioned as a pre-cooler, before the trans fluid enters the radiator heat exchanger?
An accurate ,well placed trans temp gauge is probably a good idea? I have just fitted one to the rear side trans pan(B&M drain adapter).