Are you sure thats what you have? Seems strange that you have an algae that is known to inhabit mainly the coast Britain and Ireland?

Looks very similar to dictyota....is that what you have?
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260g mixed reef, 105g sump, water blaster 7000 return, Bubble King SM 300 skimmer, Aqua Controller Jr, 4 radions, 3 Tunze 6055s,1 tunze 6065, 2 Vortech MP40s, Vortech MP20, Tunze ATO, GHL SA2 doser, 2 TLF reactors (1 carbon, 1 rowa).
http://www.canreef.com/vbulletin/showthread.php?t=50034 . Tank Video here
http://www.vimeo.com/2304609 and here
http://www.vimeo.com/16591694