ok here is some sound advice....... don't overdo it your first time in.
This is my first time keeping a reef too(3 months so far) and the guy who owns the store I go to gave me that advice. I went in trying to throw down some money the very first day on an impulse.... i was going to get a 75 gal
pre-drilled stainless steel bowfront...... instead I bought a 20H. The best advice I have gotten so far as far as corals or anything has been to not go crazy your first time in, start small and learn.
Right now I've got a 20H with good lighting, good filtration, the right amount of live rock and live sand, great flow, and stable temperature. I'm learning just like anyone else would be at 3 months, but I like the fact that I chose to go with the 20 gallon my first go round.
So I don't have any advice on corals or lighting or anything (there are many people here that can do a better job at that than I ever could), but taking it easy your first time in is the way to go IMO