Things with ratings use safety factors. Whether that's 10:1, 5:1, 2:1, etc. The rating on a tank has an arbitrary safety factor applied. That tanks are hydro'd at a much higher pressure than rated is indicative of that. By overfilling you are simply decreasing the safety margin that has been engineered into the tanks.
For something like a dynamic load where you are hanging from a single suspension point, applying a force much greater than your body applies while static, you may choose to use a higher safety factor than say, picking up a pillow sack full of feathers. Regardless, you are free to apply the safety factor as you wish. In the case of lp steel tanks, I find the rating to be more conservative than required, and am quite comfortable choosing to utilize them at a different operating pressure than is stamped on the tank. I'm simply choosing a less conservative safety factor.