If you let it grow in the teeth of your overflows, it will physically block water from entering the overflow fast enough as billsreef noted. In extreme cases what will happen is the water level in the tank will rise. Through whatever means you use to top off your sump, you will add more water. Therefore you could end up lowering salinity to some degree by compensating for water that hasn't evaporated, but is being retained in your tank via a slightly higher water level. Also, if left in the teeth, hair algae creates more possibilities for other things to accumulate, and as also noted, can cause more plumbing problems.