Dave, bleed the brakes and get rid of the HPS pads. They're shitty, dusty and have a short wear life. Hawk makes much better stuff. My vote is for the Raybestos QS ceramics. Everybody has their own favorites, though.
A hanging caliper will generate a lot of heat. Highly noticeable, especially after driving at high speeds. Most recently, one of my buddies had the DS front caliper hang on his '97 toyota camrything after it sat for 8 months. It got so hot that it melted the plastic hubcap.
Tire rotation could explain it, especially if the tires haven't been consistently switched. Alignment could also be slightly off, explaining the above....You won't know until you dig into it...
best, whit