Your engine is probably comparable in power to the OS-Max .15-III I used to fly (with an extra head gasket in an attempt to get a 4-2-4 run) in a succession of own-designs, some of which were quite decent performers. The models were mostly about 350 sq. in. wing area, and I regarded 24 oz. as the absolute maximum weight for a good stunt performance. A 3/4 scale modified Al Rabe Mustunt I, wing area 275 sq. in., weighed 22 1/2 oz. and was too heavy: its wing loading was about 11.8 oz./sq. ft. I think it's accepted that the smaller a model is, the lower its wing loading should be, and I'd regard 10 oz./sq. ft. as the maximum for models of this general size. For a 300 sq. in. model, I'd aim for an all-up weight of 20 oz.