Not all high flow filters kits are low efficiency. Generally, though, if you want more flow with an efficient media, you have to increase the amount of media as you would with a full CAI vs a drop in. That or go with less efficiency to attain better flow. For the most part, it's either/or as long as you are keeping similar media area.
If you lived in a dusty environment and had a low efficiency filter, it would probably be wise to change the oil more often. In the short term, it might not matter much. If you like to keep your cars for a long period, it would likely matter a lot.
If you want to run long OCIs, you should be especially careful to run a high efficiency filter because the air filter is the open door to oil contamination. The more dirt your air filter catches, the less gets into your oil, the longer the oil lasts in service.
The stuff that ends up in the crankcase is usually too small for the oil filter to get much of (unless you have a very tight bypass filter installed) so contamination levels can rise dramatically. That's why you change the oil.
I have flow and dyno tested a fair number of cars and truck with air filter improvements for my job. Few showed any increases at all with a drop-in, element. They do better with a full system but that is as much the plumbing as it is the filter. Generally, the incremental gains (if any) from a drop-in element do return the extra costs and IMO, do not counter the loss of efficiency.