I actually used a new Ford truck unit (surprisingly well made) that I got cheap, but I would use the largest one you can fit. My cooler is just about as big as 1/3 the radiator. SOmething like this:
Hayden Transaver Plus, heavy duty & standard installation kit: Bulkpart transmission parts
The stock flow of the fluid is into the driver's side of the radiator and out the passenger side. The passenger side has easier access, so I took apart the factory fitting and used some really good 3/8 hose on the barb fitting then into the cooler, than back to the return line.
Rodney says you want it to run as close to room temperature as possible. After a run mine is warm, but I can still touch it with my hand. Maybe 130 degrees or so. I should get a temp probe but I'm lazy and have other projects.