I agree that between the Hammerhead pump and the surges you may have enough flow. However you may want to entertain a back up plan if it's not enough or if you need more down the road when the corals fill in and block some flow. I'm just thinking it might be easier to plan for it now and not need it than trying to reconfigure for it later. I'm alreay contemplating a wave box or additional power heads (as much as I hate that thought) to increase my flow and I don't even have any corals in it yet.
Also, ditch the eductors on your surge. There will not be enough pressure to make them work unless you're a couple of stories up with your surge. Trust me, I tried it.

I'm assuming you're using 2" piping for the surge too. If so, you can step it down to 1.5" in the tank to genterate more velocity. That's what I did and it really helped push a faster flow of water across my 5 feet of tank.
That is a radical idea to put actuators on the Bean overflow and clearly you recognize the danger. So you've probably thought about this but I'm going to state it anyway for anyone else that might be following along. I don't think the timing would be an issue as I'm sure you can get that right with the proper relays and such but it's the mechanical aspect that would scare me the most. Introducing actuators and float switches will not be about IF one of them will fail but WHEN. If you go down this path, I would recommed installing at least one more if not two more emergency drains. Since these should be dry under normal operation it doesn't matter how many you add but that way if an actuator or switch fails, you still have 2-3 drains to handle the surge.
That being said, let me give you a little more detail into the problem I ran into with the Bean and a surge. Perhaps that will help you figure out a way to overcome it.
If I set my Bean for the normal flow of the return pumps, I have to turn the valve on the siphon drain about 2/3 closed or better to ensure a stable water level in the overflow box. If I open it further, the 2" siphon works so well it drains the overflow box and then proceeds to suck in air. With the valve that far closed, the open channel kicks in with a vengence when the surge fires. But now I have 2-2" siphon channels running becuase, of course, the air line on the open channel is quickly submerged. Because it's working so well, the overflow box empties very quickly but even though the airline gets exposed, the water is flowing so fast at this point it can't pull in enough air to break the siphon and the overflow box completely empties, once again sucking in a bunch of air. I've often thought I might be able to tune it for both flow rates if I would have just used 1.5" pipe. Unfortunately my space is so constrained there is no way I could change it out to test it.
I can't give you any feedback (but I'm going to anyway

) on the LED's since I decided to stick with MH for my main lighting and I'm just using LED's for supplements. I just couldn't find the ROI in less than 10 years, even with MH bulb replacement costs, to justify the upfront cost. So what I'm going to say is just my opinion with only half a much research as I should have done to be truely informed. To me, one thing is clear, Royal Blue and Cool White alone are not going to cut it long term for our tanks. You are going with a multi color scheme, which is good, but I think this is still experimental so there are a lot of opinions on what is best but not enough data to tell us what is right....yet. The bit of research I have done would tell me to ditch the red you have going on and add in Warm White if you want some red spectrum. Also, that few of UV may get overwhelmed by all the others. Again, you may have done a lot more research than I have so take my comments with more than just a few grains of salt.
I think I might try my hand at some DIY on the LED front for additional supplemention. I need to fill in the very outer edges of my tank and I would like to create something that is similar to a UVL 50/50 VHO lamp. (I know, I know, just buy the UVL bulb and be done with it. I think this is where I get get better ROI with LED.) I believe I can do that with a mix of Warm White and UV in equal ratios or maybe a 40% WW to 60% UV split. I'll put these on sperate drivers so I can have my UV on with my Royal Blue strips duing dawn and dusk to fill in the flouresence missing from Royal Blue's alone.
I'm excited to see your system come together. Looks like it will be a lot of fun!