Spotted Dick
The resistors are in series with the mosfet, that's all you need. With this the voltage across is "exactly" the current flowing through the mosfet", you don't need to know anything else about the PCB rails.
The current is that anyway.
Yes, the 0.25 resistors are those on the left side, where there is the connector from which current and voltage enter and on the side where there is also the double schottky diode against polarity reversal.
I agree with you that with good dissipation this object can do 150W and also little more.
But be careful when you change heatsinks. There are no insulators so the bolts and screws holding the heatsinks are live, there is positive voltage above them. The bad news is that these bolts force the PCB and the washers overlap or pass less than a millimeter from tiny tracks that carry the negative from the mosfet's Source towards the operational that drives the mosfet's gate. This is particularly serious for the mosfet which is close to the double schottky diode; if I tightened the screw too much or badly, you blow up the track and the mosfet obviously crashes, leaving you without driving the gate.
You were right to point out that those mosfets are not for DC and if you look carefully at the SOA graph, in addition to not having the curve for DC, which you obtained in the drawing like me imagining ... it is measured with the case at 25° C and this is the most serious thing, much more serious...when will the case ever stay only at 25°C? If you look at linear mosfet the SOA graph is with case at 75°C that is the real situation in a linear application like DL24) So the amps and the power they can dissipate is fortunate, but from practical use I have seen that a single IRPF264 mosfet if original holds, well dissipated, even 80 w for long times (I don't know if it only lasts a few months... we'll see) ... so in four if well dissipated the bottleneck of everything becomes the double schottky diode especially if you use high currents. It should be replaced or eliminated.
The manufacturer in the brand new DL24E-W model has replaced it with an automobile fuse and a very large diode. This way you don't heat anything and you also don't lose the 0.8V of the diode, which also allows you to discharge single-element Ni-Mh batteries. If you get the polarity wrong, hoping the diode is fast, it blows the fuse and saves everything, but you're not sure.