You still haven't mentioned what you'll do for a duplexer or what you'll do about cooling the transmitter PA.
Unless the receive and transmit antenna separation and the input and output frequency separation are considerable, the dream of a working repeater is going to require a duplexer. The transmitter is going to seriously desense the receiver without one, and the receiver in the particular radio model you're talking about using was never designed with repeater use in mind.
The transmitter PA is designed only for portable radio use, not extended or rapidly repeated transmitting, therefore, it has a completely inadequate heatsink for any semblance of repeated or extended transmitting. The designed duty cycle of these things is 5-5-90. That means receive 5% of the time, transmit 5% of the time, and remain silent 90% of the time, and all that revolves around battery life expectations and component life. If you have an external power supply for the radios, battery life and receive time becomes moot, but the transmit time does not.
Reprogramming for a lower power output may help a some for desense, cooling, and power consumption, but it won't really make much difference in the actual usage. Either way, you'll have to come up with a way to keep the transmitter PA cool or suffer the consequences of using it beyond the design limitations.
I don't know how they put the smoke and smell into the components, but when you do something that lets the smoke and smell out, they never work right again.