A quick search says it heats the engine less than accelerating, so shouldn't cause overheating.
https://en.wikipedia.org/wiki/Compression_release_engine_bra...
Are you sure? I'm pretty sure I can engine break with my diesel car and do that pretty often in fact. Or I misunderstand what engine breaking is.
Your car also has rolling resistance and aerodynamic drag to contend with. Might work well at slowing a passenger car, not so much with a 50K lb. vehicle, hence the Jake brake.
I like to believe I'd recognize the difference, especially since it's a manual car and I can tell the difference between letting it roll in neutral and shifting down a gear which slows down the car :) Maybe it's not that it doesn't work on diesel cars but the effect is just less than with petrol?
A diesel engine does not have a throttle valve. Engine speed is controlled purely by the amount of fuel being injected. This is why diesel engines can "run away" if an uncontrolled fuel source such as oil leaking from a turbocharger enters the intake, and why older pre-computerization diesels can be smoky under hard acceleration (or any time if poorly tuned). When you release the accelerator the engine stops receiving fuel and thus stops producing power, but aside from friction there's nothing working to slow it down. Air is sucked in more or less unrestricted and some energy is spent compressing it as the pistons rise in the cylinders, but much of that energy comes back out as the pistons come back down so the only energy loss in the system is what's converted to heat. You would get the same effect in a gasoline engine if you shut off the fuel pump but kept the throttle wide open.