Much easier just to leave the co2 running 24/7 & have an air stone running when the lights are out to avoid large
pH fluctuations & possible oxygen shortages. A timer on an airpump makes it nice & easy. Check valves are usefull on co2 set ups but in a different way. If you have multiple generators that all run into one airline going to your tank, put a check valve on each individual line between the generator & the place where the lines merge. That way when you need to make up a new yeast mix, you don't lose pressure through the whole system & the other bottles can keep pumping co2 into the tank. Here's a link to someone else's thread on diy co2:
http://www.fishlore.com/fishforum/di...2-reactor.html Scroll down the page a bit & you will see an entry from me that has pics of the bubble counter/
sump arrangement & the placement of check valves on the system.