Thanks for the replies thus far. I've been doing some research and ended up ordering a slightly smaller 20" 40 watt light similar to the one linked. I know that I won't be able to keep hard corals or anemones with it and wouldn't want to try till I got some more hands on experience. So for now maybe some soft corals after the tank gets more established.
Currently i'm looking at getting a cleanup crew first as the tank is already starting to get gunked up with algae and there is a small aiptasia infestation going on. I think I saw something in a shell that is stuck on some LR but can't ID what it is, way to small to get a pic of though.

It is red, has antennae and a mouth and can seem to crawl back into the shell if it gets freaked out.
Readings as of coming home tonight are looking good as the ammonia levels are dropping fast now, below .25ppm, and nitrites are riding 0ppm. Nitrates are sitting tight at 10. Testing with an API liquid SW kit.
Oh and fishrule101, i've already started researching and planning what I want for a small 30g setup.

Looking at a custom made 36x12x16 with an overflow. That is a long ways off though.
