Here's my guess, but it's only a guess. /forums/images/graemlins/smirk.gif
I think your open-center system is not working. I believe if you could measure the pressure at the pump, you'd see high pressure at the pump outlet instead of the lower pressure that is normal when you are not using either the 3PH or FEL. In other words, I think you have a full or partial blockage when the system should be open.
I'd go right to the last thing I worked on and check for a problem. That would be the FEL joystick controls/valves. I think your joystick has something that is not allowing the system to go to open center when the joystick is centered. That makes your pump work all the time and lift the relief valve. Probably not only the pump is getting hot, but also the output pressure line from the pump.
If you want to check for the FEL being the culprit, just run the FEL bucket curl up and down for a minute or so continuously to see if the pump cools off. If it does, that means the restriction is at the neutral position (maybe a spool valve reversed or something).
Since your 3PH seems to be weak, it indicates that the problem is before it. On my tractor the diverter valve for fluid supply to the FEL is before the 3PH. If the FEL is the source of the problem, that would be consistent with your symptoms.
Again, just a guess, but please don't run your tractor long with the pump smoking. When the hydraulic fluid gets over 250ºF, bad things start to happen very quickly. The first is seals start to go because of excessive heat, and then it's all downhill from there. If by chance your pump is sucking air and cavitating, it may already be toast from lack of internal lubrication and cooling. It's imperative that you find the problem with the minimum amount of run time or get the tractor to a shop where they can test and troubleshoot. I'd hate to see your pump self-destruct. /forums/images/graemlins/frown.gif