Obviously I cannot see the shower and how much is built in. If you switch between the overhead and the hand held spray, and both do not run at once, one flow regulator should be sufficient. (my low pressure shower gives 9.5 litres per minute which makes for a nice gentle drench). Alternatively flow regulators could be put in the inlets, and there may even be a kit available for the shower valve to allow this. Flow regulators come in all sorts of shapes and sizes, and I would imagine a 1/2" bsp threaded one would be suitable for the hand held spray (see eBay). Depending on the configuration of the overhead spray you may be able to do a similar thing there. You may need to experiment a bit with the flow rates to get it 'just so', or you could go for the pressure reducing valve option.