i do have a frag tank outside i keep it w/ a 175 w MH and right now the temps don't get out of control. we will see what happens in summer. i have the light pretty high up about 12" from the water surface. I only keep zoas and a few sps frags there right now and things are going well.
I am upgrading to a larger tub that i got from tyreef the dimensions are a volume of about 80 gallons. it will probably hold an entire sheet of eggcrate and that will be my fragging space. I have an additional 175w MH that i will use this this setup again i will have to keep a close eye on the temps. As well as use a little net to scoop up bugs that hit the water surface, however the damsel i have in there does enjoy a juicy bug every now and then.
This is not the ideal setup by anymeans but it is working for now, my fiancee will not let me keep more than one tank in the house. So i'm upgrading to a 120, if i can only have one might as well go for the biggest i can afford and manage. if you can only have one beer make it a 40.