If this is your first experience w/ overflows and sumps...I hate to say it, but you'll probably overflow something at some point. I'd guess 50+% of first-timers do it. That's why I always recommend, if possible, you set the tank up w/ fresh water someplace like the garage while you tune the pumps, match flows, etc. etc.
I have a siphon overflow on my 58, and it never breaks flow, even with a power outage. (Lifereef, great product) As mentioned, good flow through the tube prevents bubbles from building up. Be aware that other things could potentially cause a failure, including snails, large chunks of macro algae, etc. You need to put guards in place to prevent these types of disasters.
My first year in the hobby, I got the carpet wet alot. Hasn't happened lately. Despite that, checking the overflow is still the first thing I do every morning.