You won't deadhead the system if you close the speed reg valve in front of the seat and try and lift the 3PH. This would be the same as if you tried to lift something too heavy for the 3PH to lift. The 3PH valve assembly has a safety relief valve built into it. On the top of the valve, there are two caps. The forward one with the square head is over the safety valve. It is set using washers to preload the spring. Mine came set from the factory a little too high at 3000PSI. A quick way to check the setting of the 3PH safety is to put a gauge on a QC fitting and plug it into the supply port on the right. Close the speed reg valve and try and lift the 3PH. The pressure read on the gauge is the pressure that the relief is opening at. I had to remove a washer to get my relief pressure down into a safer range. If you put a line between these two ports, your 3PH will not lift as it will send all it's flow right back to the resovoir and cannot build any pressure when you lift the 3PH control lever.
My tractor had the supply pipe like yours, but not the return. I added a return up in my filler cap to allow me some flexibility. It also allows me an easy way to filter the main hydraulic flow when I am not using the 3PH as seen in this picture. That is a Quick connect set, a buyers 11GPM return line filter from
surplus center and a hose from a local shop(about $35 all totaled as a QC set came with my tractor). I just close the speed reg valve, plug this rig in and lift the 3PH control, and almost all the system flow goes thru the filter. Only the fluid used by the steering skips the filter.
This setup, like yours would allow me to put an open center valve with quick connects between those ports, much like the loader valve is placed between the pump and the steering diverter valve. lifting the 3PH control lever with the speed reg valve closed would send fluid to this new valve This would allow me to operate as many cylinders as the new valve has spools for, But, the 3PH would be disabled whenever this new rear circuit was connected, so it may not be particularly usefull. I had thought I might power a backhoe with this port and an auxilliary resovoir, but got a BH with it's own pump, so I have only used the ports to filter the fluid.
A more functional way for additional hydraulics IMO would be to plumb an open center valve in series with the existing loader valve if you need more functions, or replace the two spool loader valve with one with more spools to support more functions. This is what I did. I replaced the 2 spool valve that did not have float, with a 3 spool valve with float on the first spool. The new third spool is for a grapple or whatever else I feel like using it for...