Actually thinking about it it would or could give a tiny bit less pressure round the engine I.e slower circulation.
If you think about it, if you get a pump on a short run of pipe and push water through it it will come out with more pressure than if you got a huge 1km hose on the same pump. After pressure is built up it would probably be near enough the same.
In the real world it will be miniscule difference and as Gav said the biggest difference will be the fact it's had an oil change. I wouldn't have used an ancient filter though giving how cheap they are to buy.