Yeah, that was my first question when I decided to integrate this PSU in my case, but no, it really is among the most efficient of all my PSUs actually. I'll run my build for a while and observe temperatures (and odors, loll), both the computer's sensors and by touch and feel, haha! I also hope it doesn't just shut down because of an overheating or something.Looks great!
You'd be surprised how effective even a tiny amount of extra airflow will be at bringing those temps way down. Test any fan you've got at low speeds over grille or pointing up through the PSU and see if it helps a lot. If it does, then you can think about more permanent mounting.
It could also just be that the AC/DC adapter is far less efficient than you planned for (e.g. 75% vs 90% at 150W converting 120VAC to 12VDC is a fair amount more heat)
If there's any problem, I guess I'll have to fit a fan somewhere