Really I don't agree that oil at 240 is big issue for these cars. Sure cooler is better, but I have run my car for year in hot temps with and with out a temp gauge and external cooler. 240-260F at the bottom of the pan is common place for 95F+ ambient temps. I bet I ran even hotter with no cooler or temp gauge. The motor has lasted along time like that.
I did have two rod bearing failures, but those were due to specifc problems. First was a broken oil pickup tube due to mis timmed balance shafts. I blew up the entire bottom end on that motor. The second was when I used too much sealant on the girddle and after 3-4 days I spun a bearing. As I tore it down I saw way too much sealant had squeezed out and I am sure clogged up the works.
Other than that I have never had and issue. I do use high quality thick oil and change it often. So far I have 1 day on my last oil change and will run Miller and then change the oil again. 4 days is plenty on oil in warm conditions. When it is cooler I tend to get 6 days from the oil. Remember this is the motor I have 80 races on and it had 140k miles before I rebuilt it to race. It still has the original rings in it as well, but it may finally be getting a little tired.
So while keeping the oil cool is always good I would not panic. Fresh rod bearings and proper oil fill level with a quality thick oil are MUCH more imporant.
We had guy spin rod bearing in one session this past season. He bought a car and used motor and was told many many times to change rod bearings as the were believed to be original.
Well first session out the track he made it about 10 minutes before dreaded rod knock. Turns oil the oil level was at the "low" mark on the dip stick. He never changed the bearings and was running 10w30 oil. Not much to say really.
Oh... if you look around you can probalby get a used 951 system (cooler, lines and oil fiter housing) for $200. I got mine for $120 by getting from a few differnt sources on Rennlist over few months time.