People haven't relocated the coil to the left side of the engine. That's where early F's and D's had their coils. Not sure why Fiat decided why to move it to the hottest part of the engine bay, it seems a rather daft thing to do. The only logical reason, is as you say, that you are going to get a higher voltage drop the longer the HT lead. Any piece of wire has a resistance and that increases with its length.
My 1966 500F has a coil on the left and I don't recall ever having any problems with it. I have just upgraded it when I changed to electronic ignition.
As Peter says you probably have other issues causing it to overheat, the main one as he says it's to check the LT voltage and make sure it isn't too high and causing the coil insulation to breakdown. The original coil probably cooked itself for a reason, which if you do not find it first, you are just be going around in a perpetual circle of spending money on coils.
Tony