All the y fitting is doing is balancing the flow through the cylinders and making sure they both stay close to the same temperature. Water pressure going in is still the same since its getting its water from one feed still.
On the head I would do the exact opposite. Pick the two original NPT locations and have a y or tee fitting bring it back down to one, feed that to the pipe, out of the pipe to a tee, one leg of the tee goes overboard the other goes to the stinger of your b pipe, possibly with a flow control valve if you want.
If you have two outlets with only one feed you may end up with poor flow though the head and hot spots.