Nah, it's just wrapped up temporarily. Just need to finish it out the back and put it in a loom.To me,I would try to gain the 1/2 inch,and wrap it,the bigger concern to me is your electrical wiring,it looks close as well,or is it just the way the photo is taken??
Definitely move it. I guess you didn't hear about my fuel boiling issues this year at the bash. My fuel line was about the same distance away, and after 6-7 hours the fuel in the tank got hot enough that it wouldn't run. I realize that some of mine was from slowly heating all of the fuel in the tank and you are running returnless, but why take that risk.
I have this on all my fluid lines for extra heat, fire, and abrasion resistance.
www.firesleeve.com/

I was there for that. The end of Golden Spike, whatever that flat long windy trail was.