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Since your ISP is 300 Mbps, you could use a VLAN for your WAN without being limited by a 1 Gbps ethernet port. I did that on a single-NIC thin client I was using as my router, and it worked great for my 400 Mbps service. You'll also need a VLAN-capable switch to pull this off though.
Basically, create a VLAN in your switch for the WAN. Configure one port on your switch so that its untagged traffic gets tagged for the WAN VLAN. Plug your ISP modem into that.
Configure the switch port your router is connected to so that it's a trunk port with the WAN VLAN available to it. In OpenWRT, make a new interface on your physical NIC (eth0.X) where the .X is the VLAN number you created for WAN. Set that new port as the WAN and put it into the correct zones and enable masquerading for it.
I don't know that I'd call it a bad idea, I had a similar setup with a mobile hotspot but I didn't bond it; just used it as a backup connection I could switch to if needed (main ISP down, etc).
If your second connection is available over ethernet, you could create a second WAN VLAN and bring it into OpenWRT like I described above. Them use mwan or something to manage them.