The stated quenching temp. is almost as high as a normalizing temp. so I don't think you'll have a microstructural problem from this. However, there is another concern with the water quenching, given the thickness. You do NOT want to form martensite/bainite, and the C and Mn are the two elements of concern. *IF* they are on the low side of the spec. you should be OK, but if near the high limit you *could* have a problem. The Mn range is pretty high, and it has a drastic effect on hardenability. A cold water quench would also be worse than if the water were near ~90 deg F. (steam blanketing).
Fine pearlite is almost always preferred-better mech. properties, except for creep (IIRC).