I would have thought there is something wrong if the oil temperature is getting that high.
The G40, just like any other car should be able to be driven at fairly high speeds for many miles without the oil temp. getting so dangerously high. I could understand an increase in oil temp. if the engine is significantly modified (particularly if converted to turbo) or if the car was being driven in extremely high ambient temperatures but otherwise it should be able to keep oil temps. in check.
Fitting an oil stat. controlled oil cooler on a modified car is deffinately worthwhile, but it shouldn't be used to cover up an underlying problem.
Of course it could be that Alex, A'uro and sohailG40 all have heavily modified engines and live in hot countries!