300 is way too high dude, something is wrong.
Is it blowing plenty of smoke at topend, and on takeoff, etc etc? You should see a small burst of blue out of the corners and a light trail of blue on the straight, etc.
make sure everything is tightened down, I don't imagine there's an airleak but its worth making sure I guess, and just double check everything. Don't let it run at 300, it's not normal for an engine like that - you would be aiming more towards the 240-250 mark, regardless of outside temps I guess.
Try richening up the lowend, and if there's no trail of smoke on topend, richen that too. It might be best to start at factory settings again.
What nitro percentage are you running? oil percentages?
I think you should find the problem at its cause before you keep running it that hot, and my guess is tuning.
keep us posted.
udi