OK, I'll bite. Short answer, I would not run a Trasko filter if it were given to me for free.
Let's say that there are 3 types of filtration systems out there:
(A) full-flow only (99.99% of modern cars).
(B) full-flow and bypass (some big diesels, otherwise rare).
(C) bypass only.
Trasko seems to market their filter as type (B), but it is really type (C), bypass only.
Their "full-flow" portion is done with a mesh. Here's a quote from their web site "Extra Filter Protection - with 60 mesh screen filtering." 60 mesh filtering is 250 microns. 250 microns is enormous.
http://en.wikipedia.org/wiki/Mesh_(scale)
There's a study (SAE 881825) showing that going from 40 micron to 30 micron full flow filtration reduced wear by 50%. I can't imagine what going from 250 to 30 would be like, but it's at least 50%. That study also mentions in passing that full-flow filtering alone (A) was much better for wear than bypass alone (C).
Essentially, a regular full-flow filter will be better for your engine. This Trasko will be better for your oil. Which (engine vs. oil) is cheaper to replace?
Conclusion, use a normal oil filter.
P.S. I don't think that you need to pay up for something exotic, like a Fram ultraguard. A regular oil filter will do.