Even on sale that is a pretty large chunk of change for that sump.
This is a similar problem I have. A 46G bowfront small door and space underneath and I sort of wanted a lagoon cube like tank with lots of floor space, but then I have this perfectly functional 46G tank staring at me.
It is a little bit deep for a reef and with fish only it would need a good protein skimmer I think. Many fish are needing a larger amount of gallons, so in a small way you are limited for
fowlr. Reef would need a pretty good light for par.
Personally I am leaning for selling of my 46G and using the money towards a nice different tank.
40 breeder is a good size tank - better shape and height for lighting reaching the bottom, than a 46G bowfront, reasonable cost.
I am going for a tank probably under 50G for ease of keeping it an easy water change. My interest is more in Rock Flower Anemones and inverts, and not exactly a traditional type set up.
Do you like the fish better, the corals or coral type creatures ?
Knowing what your interest is really, and building the tank around that is better.
My thoughts in having "settled" for tanks so frequently over the years is that I probably spent more money switching for a different tank trying to make something work, and then moving to some other good value but again not what I wanted.
At this time I have a big cardboard box 30 x 30 inch cube with
SW rocks taking up space and doing that to get a feel of what tank size I would like to have.
Initially I thought 36" cube and after having a 30" box sitting there I rethought 36" sticking out so far into the living room. Still thinking it over and looking for a like new used tank to come up.