Has anyone thought of siliconing a strip of acrylic in the lip where the cover sits, and extending about an inch over the top of the tank - with a 12 inch section or so, missing, so that the water overflows right over the TOP edge of the tank, right through missing section. No drilling involved, and the overflow could be attached to the outside of the tank.
The design of the hood would have to take into account the extra height, and it would probably not be as good at bearing any weight as the actual top of the tank.