relocating the oil pressure sensor on 93 block

Is there and cons to doing this if this is possible? Will the plug removed from up top go in the place of the location of the factory position of the oil pressure sensor?
Sorry for so many questions in one post.
Mike
Also this might sound like a dumb question, but since the EGR on my car has been removed is there any actual benefit to to having the fitting or can i just install the sensor straight into my block like the 93 sensor was installed. i know this will make the sensor straight up and down but i didnt know if this would affect the function of the sensor.
Also this might sound like a dumb question, but since the EGR on my car has been removed is there any actual benefit to to having the fitting or can i just install the sensor straight into my block like the 93 sensor was installed. i know this will make the sensor straight up and down but i didnt know if this would affect the function of the sensor.
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