Sorry, I misunderstood. Yes, I have used a mustang O2 sensor and spliced the connector on my Volvo because the Mustang sensor was about $90 cheaper. Most 3 wire sensors work the same, you just need to find one with the correct threads and tip length.
When splicing the wires, solder does not stick well to the signal wire (stainless steel or some strange material) so I crimped the connections and used heat-shrink tubing over the splice. That was years ago and it is still working fine. It's very possible for a soldered connection to go bad but it would be easy to just re-do the splice.