Cecil, take a look here:
http://www.stcvalve.com/Normall-Open-Solenoid-Valve-Specifications_2SO040.htmI would contact the valve manufacturer and run your plans by them. A continuous valve is intended to be powered, well, continuously, but I agree that it will get hot during normal operation. If a solution could be found that did not involve a continuous flow of current, I would definitely check it out. I'm not familiar with the electrically actuated ball valves, but I would certainly explore that possibility in greater detail if I were you.
Ask a manufacturer about continuous duty in the manner you envision. They should be able to provide you with the duty cycle for the solenoid.