I mounted mine on the fender under the hood. High pressure is only after the pump, same pressure in the hose as if the pump is on the frame. Leaks at the pump would only be drips from a seal. To me it's no different than anyone with a filter on the fuel line to a carburetor.
The pumps do not like heat, this is true. The fuel does a decent job of cooling the pump, but I can hear when the pump is warm. I keep a spare just in case, but it hasn't failed in the years since I installed it so far.
This was all on the one I retrofitted. The other one I'm rebuilding I just mounted the pump on the frame by the tank. Only one fuel tank, and then I ran steel fuel lines.
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