the purpose of the spacer is to restrict the constant flow of raw water from entering the exhaust log so the risers will stay cool until the thermostat opens, water flows through other ports mainly after the thermostat opens.
Hey ! wait a minute, on a second look, there is no ports in that spacer to allow water ftom the log to the riser other than the restricor hole, that has got to be the wrong spacer, it should have two more ports, on the sides, but it does need that back port restricted.