You could just use the fluval (assuming use of biomedia) and start with like 20-30lb of lr
, then add say 30+lb base rock. The base rock will slowly turn to lr
over a few months, it does not need to "cycle", just rinse and put it in. I just bought some at my lfs
for $1.19/ lb! You can get some at similar prices here: http://www.hirocks.com/Our_Products.html
. This would save you $$ toward the lighting.
There are many others here better suited to answer but I'd say look at a 48" 200w pc