I keep mine in the overflow and the temp probe is in the tank.
For those that say this wouldn't heat the tank if the return pump is off I disagree - from experience. The overflow will get really toasty and heat the rest of the tank. Two dangers here. First, if the pump begins working again (or in my case you remember to turn it back on) it causes a rapid spike in the overall temperature of about 3 degrees (depending on tank size - I have a 120g). Second, I worry about tank failure from the glass weakening due to differing temperatures.
My $0.02.
For those that say this wouldn't heat the tank if the return pump is off I disagree - from experience. The overflow will get really toasty and heat the rest of the tank. Two dangers here. First, if the pump begins working again (or in my case you remember to turn it back on) it causes a rapid spike in the overall temperature of about 3 degrees (depending on tank size - I have a 120g). Second, I worry about tank failure from the glass weakening due to differing temperatures.
My $0.02.