Personally, I wouldn't raise the fuel temp limit. GM put it there for a reason, and 238 degrees is pretty stinking hot. Still well below the autoignition temperature, but it is above the flash point. This means if the diesel were to leak out of the lines at all, it would light on fire VERY easily.
I'd personally look at adding a fuel cooler right after the factory fuel filter. Just run some lines to a cooler at the front of the truck. The only problem with this is jelling in the winter, but you could put a bypass valve in there.
That, and look into an upgraded fuel cooler to replace the factory one. Rumor has it that Mike L. made one in the past.
If you do decide to raise the limit, let us know if anything happens. I suspect not (unless you have leaks), but I'd be curious to hear the results.