240's are pretty gentle, so I think it'd be fine. I can't tell if that's hammer or frogspawn in there, but it were me, I'd move it up one level to about mid-tank and put the PH on the rear center at the same level pointing towards one side to give a nice indirect water flow around the tank. With where it's at now, the LPS would like the flow, but the mushrooms.... not so much.