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Definately get a smaller heater, around 100W. If that 300W heater fails (it does happen) and sticks on, you'll cook your tank. It's not worth the risk.
I agree, get a 100w heater, and buy a new one. They are cheap. Or, you can get 2x50w heaters which is kind of a safety measure just in case one fails, you still have the other. One 100w is fine though.