Ya I would pull it just because it's for a FORD!!! I believe the word I'm looking for is sacrilegious.....
No, seriously, you should pull it off being the wrong thread. It may seem tight but I wouldn't want to try and find out how long it's going to stay that way.
The bypass shouldn't be a big issue. I would want the bypass to be higher than the one in the engine so you're not pumping dirty oil more often than should be but other than that, they're good filters.