I could imagine if the willow was happy you could make some cute interior willow structures.....
Have you tipped the willow out to check the
root ball and it is looking root bound? I think generally the advice is not to pot on to too big a pot, so try and find one only an inch or so larger and deeper. However the willow will probably enjoy as much space and soil as you want to give it, so it probably doesn't matter if you want the plant to grow big quickly.
Willows respond well to cutting back - if you trim the long branch right back it will probably sprout multiple branches from lower down so making the plant more bushy. You might be able to root the bit you cut off as well if you want.