Only thing to be worried about when "overheated" like that is if the heater malfunctions, and the thermostat gets stuck on. Your tank is going to heat up very quickly.
a 150w heater would have been fine for your tank, the 300w will work fine as well.
Its just going to raise your tank temp quicker if its low.
It will have better control over the tank temp, but the extra wattage really isnt needed.
The instructions probably wanted you to put the controller on the wall above the aquarium
incase any water made its way onto and down the power cord, it wouldnt make its way
to the controller. It would simply drip onto the floor.
a 150w heater would have been fine for your tank, the 300w will work fine as well.
Its just going to raise your tank temp quicker if its low.
It will have better control over the tank temp, but the extra wattage really isnt needed.
The instructions probably wanted you to put the controller on the wall above the aquarium
incase any water made its way onto and down the power cord, it wouldnt make its way
to the controller. It would simply drip onto the floor.