Is this going to be a problem?

[Jakes-66-K10]

Recently purchased a 1964 K10 (stay tuned for the build thread) and while I am really impressed by most of the things the previous owner did, I have to question others. For instance, he created his own exhaust and routed it extremely close to the transmission pan. He did this because the transfer case mounts on the passenger frame rail, not giving enough room for an exhaust pipe on that side.

The pipe is so close to the pan I can't even get a finger between them. Is that going to be a problem with exhaust heat and the tranny temperature? He did install an Moroso aux cooler (second tranny cooler) on the frame, but I don't know if that's going to fix the other problem.

What do you guys recommend? Re-do the exhaust so it isn't as close to the pan, or will it even be an issue with a heavy aluminum pan and a second tranny cooler?