MF1440V,
Did you reset the 3pt raise lever to neutral. If it is at the fully raised position, you are relieving fluid to tank, and pressurizing the complete hyd system, This might affect valve operation upstream.
Did you take the hoses off all the cyl and see if there was flow to all ports of the cyl?
Is there a gage in the system, and if so , what were the pressure readings when trying to use the FEL?
If the FEL valve and cyl are good, then all you have left is the pump and the 3pt. You should be able to determine if you have flow to the right places, and pressure.
If the FEL valve checked out good, don't see why you are replacing it.
A pressure gage and flow gage would sure help solve your problems.
Last thing, are all the hoses connected correctly?