The reason I don't like them is they become very agressive in my tanks. Not sure why, but after they become established they do not like any other fish to be added. I prefer smaller fish, and maybe they would be ok if you added larger individuals, but I've had them go after new arrivals so badly that I had to remove them from the display. Another possible reason they don't show up that much is that they are hard to collect. They don't hide so you have to put up a barrier net and as juv they don't school. What this means is they take a lot of effort to collect and you only get one. I used to collect for a living way back when, and they weren't worth the few $$$ you could get for them. I have collected them for myself, but not worth selling.
As far as keeping them I have never had trouble, I have kept them in Fish Only and reef displays, they do get big, over a foot so you need a big tank for an adult. The ones I kept were fed the same foods as all my other fish, frozen and dried. for frozen I use mini mysis, enriched brine with spirolina, cyclops, and the refrigerated arctipods. For dried foods they were given spectra pellets and a vegitable flake. Water was natural sea water, but I'm sure any good salt mix would be fine. I don't heat my tanks, but I do use a chiller in the summer to keep the tanks in the mid to high 70's. I like deep water fish and I go to HI and have a bandit angel that likes it a little cooler so that range seems to work for me. I can't collect corals so I only have a few that were given to me, but the tang never bothered my zoo's or soft corals that I kept it with. I also love shrimp and have never had it bother any of my shrimp which have included cleaners, harliquins, sexy and anemone shrimp.
If you get a juv the color change is not that exciting, the fish starts out bright yellow, then the yellow dulls to almost a brown. The brown then begins to change to the blue you see in adults. There is a time when the fish is the bright blue like an adult but still has a yellow tail making it look a lot like a red sea purple tang and this phase is the prettiest IMO. Finally the tail turns to blue and you have an adult colored animal.
If you can deal with the territorial nature they are nice hardy animals that do well.