When considering how hot my WSM will run or thinking about adjusting the temp, I always ask myself a few questions:
1. Could I start with more food? You'll have less temp problems with 2 or 3 pork butts than with one, every bit of meat acts as a heat sink. You might have the reverse problem (too low heat) if you were cooking 4 butts.
2. What's the weather like? Is it hot, cold, windy, raining? All of these conditions factor into your WSM temp. If it's windy, I would open up only the downwind vent and consider using a windbreak. Is your smoker in direct sunlight? That can affect your temp as well.
3. If the temp is way too high, should I add some water to the pan? In your situation, this is the first thing I would've tried, even if I was using sand. Do you have the large Brinkman pan? Adding cool water is a huge heat sink. I'd start with very little water and add more later if necessary, having to take some out later (I've done it) because the temp is too low isn't much fun. You were messing with vents and never mentioned how much water you were running in the pan.
4. Start with top vent open, and only one bottom vent open...then adjust from there, starting with the lower vents. As other said, only close the top vent to about 50% if your temp simply won't go down. I wouldn't close it less than that for fear of killing your fire altogether.
5. Do I need to stir the coals, or did I cover my coals (I always use the Minion method) with too many wood chunks (I now only do about 3-4)? Sometimes I've had to take one off till things got going good, but that wasn't the problem you had.
6. In case of low temps, do I need to stir the coals or tap the ring? If too high, could I take out some coals? I wouldn't consider spraying them with water like I might on a grill, as others said here as well.
Oh well, that's the questions I usually ask if I'm having a tough time keeping the temp from 220-250, but lately the ole WSM has held pretty true. Try cooking more stuff next time, it runs pretty hot if almost empty, plus, you'll make more people happy.