I didn't worry about getting all the air out with the prep fluid. 2.5 gallons is plenty to get the job done. Also, hopefully you recovered the prep fluid. Apparently it can be used more than once.
If the upper rad hose is hot, then the t-stat is probably open. Don't think you have any issues there. The temp drop is just your radiator doing it's job. Unless your temp gauge was going above normal? What t-stat did you install? Did you make sure the little wiggle valve was at the top? Some t-stats are slower to open than others. Could be that it was just a little bit open when you felt the rad hoses.
Anyhow, good job switching to the Evans. I've been very happy with the product and I expect you will be also. My motor does run a little hotter, but I've had no cylinder head problems over the last 5 years of heavy abuse since I switched (up to 250F coolant temps a half dozen times a year when towing in summer up long steep hills). The main advantage is it keeps the cylinder head temperature more even due to no boiling around the pre-cups/valves which prevents the stresses leading to cracking.