there is a technique to bypass the limits of the diodes, thats when you overlap the two duty cycles, the overlapped part would have theoretically double the current capacity. if lets say two 10A continuous when ran at 75% duty cycle would be able to handle 15A repetitive output, the overlapped max current would be 30A.
this would mean that 50% of the time the max current would be 15A while the other 50% would be 30A, with this you sacrificed 25% of continuous amperage for a boost of 50% for 50% of the time, although this causes power sags over the inductors and the imbalance in this can be seen in the harmonics of the output.
although as i've said, i wouldn't expect such a topology on a cheap powersupply.
no you misunderstood my claims, im not saying you should buy a lower capacity PSU, what im saying is that you don't need to get such overly exaggerated headroom for two main reasons.
1) your PC will only hit a certain peak power consumption during stress tests on all components. unless you stress test your PC 24/365 then i doubt you'll need anywhere near twice as much PSU capacity to hit the 50% mark where it is the best efficiency.
2) unless you're adding enthusiast cards in it you shouldn't even need anywhere near 300watts of headroom (i've yet to see one draw anywhere near 300watts is what i'm saying).
as for these two reasons, your PC would spend at 40-60% of it's max power consumption during heavy use(encoding and gaming), while it'll hover at 20% or even less during playback and surfing(unless people claim lies, hahaha) and less than 10% during idle.
if you had like 2x the max load then halve those power usage and you'll be seeing horrible efficiencies since you're practically under 30% of the PSU's capacity.
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as for the durability of the PSU, capacity has nothing to do with it really, unless you're cutting close to the max PSU rating(PSU has it's own wriggle headroom, depending on manufacturer and model). what you'll need to consider about durability of the PSU is it's reliability, hey a cheapo 650watts like the Corsair VS650 wouldn't be as great as their Corsair TX650 right?