I keep mine low, about a half inch below the start of the black trim. My tanks have a tendency to overheat, especially in the summer, and the waterfall effect from the HOB's helps to cool things off.
Used to fill mine to the lip on the top trim, after I added the cories I would hear them hit the glass cover when making their surface run. Now I keep it about a 1/2" low so they don't crash anymore.