The reason to use 2/0 cable from the battery is to reduce line loss and to provide sufficient capacity to start the motor from the house bank. The actual draw on the cable will be limited by any downstream circuit interrupters. The cable needs a high amperage fuse to support the starter surge. For this reason, in use the MRBT will never see 300 amps continuously unless there is a short in the main cable, at which point you want the fuse to blow, which it should. The other issue is whether the load is continuous or intermittent, or of a short duration. If you were planning to draw 250 to 300 amps from your battery on a continuous basis, then using a dual post would be a poor idea.I have a positive bus bar just off the maine battery fuse that handles this. If you use the dual post MBRF fuse block note that you are limited to 300 amps total between the two posts in terms of fuse capacity. The SI-ACR is rated for 210 amps intermittent (5 minutes) capacity. So using the battery bank fuse does seem to mean that I am not fully protecting the ACR itself, although I know that Maine Sail endorses this approach.
From Maine Sail's post on ACR's:
"TECH TIP: If you make the “A” & “B” terminal wires for the ACR the same gauge as the house and start bank wiring eg: 2/0 and 2/0 the ACR can share the house and start bank fuses, if so equipped. Start banks are not required to have over-current protection but it never hurts."
See: Making Sense of Automatic Charging Relays - Marine How To
Look at the cumulative load on the main circuit, can it exceed 300 amps in use? Most likely not. While the draw on the starter may approach 300 amps for a few milliseconds, there will be no current flowing through the ACR, because there is no charging source.
The ACR does have an intermittent capacity of 215 amps, but that is well below the 300 amp fuse on the battery. The continuous duty rating is 120 amps. What happens if there is 150 amps flowing through the ACR? No fuse will blow and unless the cumulative load exceeds the terminal fuse's capacity, the circuit will not be interrupted.
I suppose that a 120 amp fuse on the starter side would offer protection if the battery side was feed as you propose. That just wouldn't be my choice.