Hmmmm..... I think would just go with a stock pump if running a thermostat or the Milodon at most; the flow restriction of the t'stat will be the main limiting factor in the coolant flow, not the pump. The high volume pump may put a bit more pressure out with the t'stat in place, which would help lower the localized boiling at head hot spots a bit. I can't say how much that is worth....
Edit to add: Here is some of the description from the Flowkooler site that confirms the higher block/head pressure. So this is like a HV oil pump: the benefit is from maintaining higher pressure (and thus flow) at the low RPM ranges. I can believe that as a real benefit.
"Flowkooler pumps increase the flow and create highway-speed flow rates. The pumps continue to deliver higher flow all along the rpm curve and when system throughput is maximized, FlowKooler pumps build block pressure. Increasing the block pressure by as much as 22% reduces hot spots on cylinder walls, prevents the formation of steam pockets in the engine block and prevents the cavitation of the impeller"
The anti-cavitation plate is pretty simple. It is a standard item on many or all /6 pumps; not sure why it was used so regularly in that application.