The pump is still trying to pump the flow dictated by the engine rpm, and when you reduce the flow by decreasing the port size, the flow will decrease and the flow velocity will increase, therefore increasing heat.
If the system can tolerate the heat increase, then it is not a big problem.
So by reducing the flow through the FEL using 3/8 in hose, and then add another 3/8 port subplate in series, the heat goes up, but then again, if the system can handle it , then no big problem.
You are already using the 3/8 hose from the FEL to supply the rest of the hyd system, and even if the flow is reduced to the 3pt, that only affects speed. The cyl will still develop the pressure.
So I say this again, if the hyd system has been working all this time with the FEL using 3/8 hose, it should still work OK.
For a base line measurement, before you install the new valve, take some temp readings of the hyd fluid after a good work out, and use that to compare that after the new valve install.
Your 3pt will work the same.
Even the engineers don't get it right the first time, they usually have to have the technicians work out all the problems.