sincitylocal
+1y
In 1995 I changed the fluid in my 1975 mercury comet. My little brother is still driving that car today. I used to work on big trucks. All we used for the PS was ATF. It's common practice, and there's nothing to worry about.
If you just want to be cautious, use PS fluid.
I've never added a cooler, but I've never removed the factory cooler from any PS system either.
Like cusser said, take a two-foot(or longer)piece of tubing, loop it back on itself, and connect it somewhere in the return line, where it will have a little airflow running across it. That's how Mazda did it on the B-series trucks.