6 times per hour is good for FO, 10 being for a reef setup. 300 is probably just fine, but if you have LR in the tank you would be well off to make sure that the circulation is concentrated in the area of the LR. In any case, it would be an improvement to add a small power head (less than 150 gph) opposite your other power head, this will break up the direction of the flow and cause a random current, always a good thing.