It's handy if the hose is slightly longer. Maybe re-route it so it can't kink, or you can get external coils to slide over the hose to form a bend that prevents kinking. It's rare but I've seen on cars that a hose can kink when it gets hot, restricting fuel flow, which raises the fuel pressure, and then it runs like crap. The original hose had a formed ninety degree bend at the tank barb to prevent kinking. Over fuelling wouldn't be as bad on the freeway, but worse at lower speeds. Next morning when it's cold and less likely to kink, it seems ok.
You want to check that the previous owner used the correct fuel hose in the tank, suitable for submersion in fuel.
A kink could result in the fuel pressure going higher and even up to 60 psi, it should be about 36. I think the higher pressure could explain why the pump was sounding much louder, and for the smell of fuel, and for the stalling at idle.
You have a 4 lt fuel tank light, so you have the earlier '85 model brick. Don't worry about the light coming on early, that seems to be normal for the earlier sensors.
Because you have the earlier model, you want to look at the coils for swelling or cracks, and test them. They weren't very good. If replacing them you want the newer coils, which have red bottoms. But I think the hose is more likely to be the problem.
Could you post a photo of the gaiters, or describe them in more detail?