It'll be fine. As deuce said it'll be a little lower carbed than you're used to. Depending on the type of beer it may actually be more true-to-style. I carb most of my English style beers with around 3 oz.
Stop using so much caramel malt. Your beer will thank you.
(yes, Carapils is a caramel malt...so is Special B)
pujwI HIq Mild Ale
KPA Khitomer Pale Ale