Same rules as usual apply; do a profile first and then act on the results. If hard-abi support was all there ready to be used, and you just had to add the compile flags to your project then sure, why not, get the extra performance gains. But typically there will be many (many, many, many) optimizations that can be made using everything currently available before moving onto completely unsupported features (which it sounds like are very unlikely to ever be supported for the current hardware version of the Pandora).
I'm also wondering what functions really are that float heavy? If I had a float heavy function that got called large amounts of time per frame, I would definitely be considering making that function inline, as presumably the function is relatively short. If the function is actually quite long, one would need to consider what the overhead actually is for the argument passing (somewhat large admittedly with the stall). If you really can't trust your compiler to inline when you feel it is absolutely critical (and all the hints you throw at the compile to inline are being ignored) you can always fallback to using a macro, okay it is a lot uglier, but you can be sure then it will be inlined.