Orient it with the holes top and bottom instead of on the sides and the dissipation will probably be improved. Keep some space on all sides for convective airflow.
Agreed, I was starting to think along these lines if only to maintain access to the switches on the front whilst the cabling can leave via the side, as you suggest with the enclosure in this orientation the ventilation holes on the sides would be top and bottom.
I am thinking metal plate bracket which will add a little more surface area to dissipate heat.