The FL1A will fit a MTX SHO for sure, but it might be a tight squeeze on an ATX. I don't think the heat is going to be an issue, but that is up for debate. If someone with an oil temp gauge that runs FL1As posts some high numbers, I'll switch - but for now I think the heat exchanger will take care of any excess heat.
The silicon valve in the FL400S is the anti-drainback valve; it's there so oil from the dirty side of the filter dosen't drain back into your engine. Silicon is the preferred material, it's more durable than the black nitrile.
Wether the filter media itself on a FL400 (Or even FL1A) can flow 12gpm like a SHO oil pump can, I doubt it. It will probably go into bypass and let the rest of the oil pass the media and into the engine. The filter is still filtering some oil, but not the full flow amount.