To figure the heat you'll need to sink, calculate the efficiency of the LM317 at the voltage and amperage you want to run at. I suspect you'll need a decent heat sink on each one, and air free to move thru your enclosure.
Basically these things take the extra voltage and dump it to heat. So if you're running 10 volts into it and getting .5A at 5V out you have to dump the other 5V to heat. So that's 2.5 watts. The closer you supply to the output the less waste.
They can get very hot. A good rule of thumb (literally) is that if you can hold your finger on it, it's ok. If you yank it away in pain, it's too hot and you are overloading the chip, and it will die soon.
My question is, what happens when the battery dies? Do you lose the show you're recording on your JB3? Does it lock up if all of a sudden you start feeding less than 5V into the DC-in connector? The JB3 is not very robust when it comes to its DC-in ! So it's important to use a big battery for the power supply and hopefully monitor its voltage so the JB3 doesn't crash in the middle of a show.
I'm thinking of getting some custom made PCB boards made that would support this circuit. One place I checked out would make a board that is about 3.5 x 2 and would be able to support up to 3 of the LM317 based circuits so you could have 3 outputs each with a different voltage off a single input and be able to change the output voltage just by swapping out 2 resistors. My only real concern in heat. While there would be room for heat sinks in the box, there would not be any airflow. Just how hot do these things get? Obviously as the quantity goes up the price goes down so I'm also curious how many people would be intreseted in buying a PCB board if I had them made. I've attached a quick CAD drawing of the circuit I'm looking at. Any comments?
FYI it is a 2 layer board the green is on the bottom layer the red is on the top layer and where the components go through the board it makes the electrical connections