I played with that idea for quite some time but never finalized it. I'll be delighted to see it worked out.
For a long time I was showing evidence of cavitation in my pumps (pitting) and resolved it by flaring the pickup end where it was straight cut before. I cut the screen from that pickup, flared the end then salvaged a screen and plate from another pickup to rivet to the original plate.. It stopprd the cavitation damage but not the overall oiling problem. I am really suspicious of frothy aerated oil in our systems but never seen any evidence of it....
The dry sump was the final solution LOL