From what I have read the ability to lower a wing into the x wind on a 747 is quite limited, the forward energy will quickly line up the AC onto the runway heading.
As for quickly retracting the flaps, well most of the landing roll on large aircraft would be complete by the time that was done, thats the purpose of the spoilers that are able to be activated quickly and in alot of cases automatically on larger aircraft. Spoil lift and create drag, just watch a 737 squat down on it's gear when the spoilers deploy!
In light aircraft some pilots chose to quickly retract the flaps to decrease lift on touchdown as its just like a park brake lever, how ever this may not be a great idea on retractable landing gear AC's as you might grab the wrong lever! We are usually taught that cross wind landings should be definitely firm, well I was anyway, to avoid skidding sideways
Conversely some pilots at MTOW on Piper PA28's do the take off roll with no flap, accelerate to 66knots, then pull on one stage of flap b4 rotating this somewhat increases lift without the penalty of drag on the TO roll.
Hope this helps.