Yes that would be correct. The two sets of inputs were made for that.
It makes it easier than smashing two wires in one spot.
Oh, and if you get a new amp the stable Ohm load it handles wouldn't be too much of a concern.
4 Ohms is the lowest you can get your subs on a mono amp.
So if you get a new amp, simply get one that outputs 600 watts RMS or more.
It may be a bit difficult finding an amp that outputs 600 x 1 RMS at 4 ohms for cheap though.
The best I can find at the moment is an MRP-M1000. You can grab it off ebay for around $285.
Your amp you have now will work fine. In fact you may not notice too much of a difference in sending each sub 250 watts compared to 300 watts.
Just be sure that you do not crank the gain up. If you do, you will be sending a clipped signal to your subs and they can blow.
This is a common mistake. The gain is not a volume knob. It controls how much power your amp is putting out. If you turn it up all the way to get more loudness out of your subs, it strains it and the signal coming out will hurt your subs.