Hey Ryan!
I started this thread over 2 years ago when I designed my AWC system. For me it was a matter of maintenance. I'm sure many reefers have the same problem when performing regular water changes; (ie: the hassle, the mess, the stress and procrastination..etc) I found that I did NOT do my maintenance water changes consistently and my water suffered.
Now, with my AWC system, my water changes are automated and are performed ONTIME.
As far as daily water changes vs. weekly vs. monthly?
Statistically, there is about a 5-7% reduction in water changout by using the daily water change. I can live with that knowing that it's getting done. Also, my water parameters are not influenced by the small daily water change like they are with the larger water changes. I dont worry about the water in my water change barrel effecting temp, pH or ALK.
referencing "Water Changes in Reef Aquaria" by Randy Holmes-Farley posted on my first page in the thread:
http://www.reefkeeping.com/issues/2005-10/rhf/