I don't think you have anything to worry about. the hole for the fan will allow heat to escape in the time it would take for you to be able to fix it. I ran a
MH 175 watt for a year using aluminum foil coverd cardboard. Now talk about a fire hazard, it never burned through it though. I had it about 6" above it.
You could find a reverse thermostat at an electrical supply outlet that will cut the power if it gets above 250*...