Maybe someone else can chime in but I see no reason why that would hurt one bit. I took a P2 and swapped it to a tarot 650 frame, which meant I added about 6-12 inches to the wiring, and it made no difference at all. So in my opinion and experience you'll be fine
My second P3P has fw 126. So I have the option to leave it at that fw or upgrade to any of the later ones, from what I remember 132 or 140 were good fw, in your opinion which one is the better one, I don't need any of the flight modes found in the later updates. I just think 126 has a maximum speed issue, I don't know it could have been the wind today when I flew it but I wasn't getting anything past 26 in GPS mode, where as with the other p3p with the latest fw I was getting 30_ 35 going on same route same day and time frame.
Sent from my iPad using PhantomPilots