Too much lash. You will most likely wear parts a lot quicker with that combo than with an appropriate solid lifter cam or another set of hydraulic lifters. When I say tight lash, I really mean tight. .005" would prob be my max and with an FE rocker ratio, it would probably be best to go even tighter.
With the duration that you're running, a solid lifter is not going to transform your engine into something it's not.
On a cast iron block with iron heads, the lash will not grow that much hot....maybe stay the same as cold or possibly grow a thou or two...that's what I normally see here.
In all honestly, it would be best to run another set of juice lifters.
To answer your sbf lifter question, no it won't bleed too much oil out, but pushrod length will change. All of my FE solid flat tappet engines run Crower SBF EDM lifters.