For those RPM's you will need the 16T pinion. Ideal rpm with the 16T is around 2400. Running the 18T with those RPM's is putting more strain on the electronics... it's lugging around quite a bit. At those speeds, you'd also benefit from running the optional 18T tail pulley to speed it up a little... 20T is stock.
One last thing, how hot? Hot is subjective. Internal motor temps of 150-160F are completely acceptable, and that will feel quite hot to the touch. The ESC will throw an error code if you run it too hot.