Well, I just read the manual ... page 106 of the 40D manual (bottom of the page). The PC port is rated at <250V. I don't see the same spec for the hotshoe, so better safe than sorry and keep it off the hotshoe (which I have read is rated at 6V but can't confirm).
Personally, I have modified my 283 (+200V) to work with sync voltages at 6V.
You're making a hugh assumption that the same circuit is triggering both ports. Personally, I would not take the chance.
The one thing I don't do in this forum is make unsubstantiated statements or assumptions without noting that fact, especially if it could involve possible damage to camera gear or equipment. But, for the record, I never said anything about the PC terminal and the hotshoe circuits being the same. You just made an assumption that I said that. 
If you check out the March 2007 issue of Tech Tips in the Digital Journalist online magazine, Chuck Westfall states that the rating of trigger voltages apply equally to both the PC terminal and the hot shoe.
A snippet from http://digitaljournalist.org/issue0703/tech-tips.html![]()
The trigger circuit voltage (TCV) rating for any EOS SLR is the same on the hot shoe as it is on the PC terminal (if the camera has one), but the acceptable TCV level varies according to the camera model. Incidentally, the main reason for the difference is the way the X-sync signal is generated. With the 250V cameras, the X-sync signal is generated electronically. With the 6V cameras, the X-sync signal is generated mechanically. There are no guarantees, but going forward I anticipate that most if not all future EOS SLRs will be safe for TCV up to 250 volts.

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