A brief update for anyone following along.
The tank is cycling. The tank is cycling. The tank is cycling. A bit monotonous, no?
I added one more small bag of sand. The sandbed is now near 1 inch all the way across. I decided against a DSB, for previously mentioned reasons.
I added a bit of rock from my primary tank, to get at least some biology in the tank.
I floated a couple of large shrimp heads for a couple of days, and ammonia is stable at about 1.5ppm. I can't believe I am saying this, but I will be so excited when the nitrite test comes off of 0.
I did replace the Maxi-jet with a Korallia. It is a bit more attractive, broader flow, and a little more energy efficient.
I built a light diffuser out of black eggcrate. It is much less ugly than I expected. I will add screen over this initially, when the lights come on "for good." I will continue to seek a less powerful and less blue lighting solution, perhaps a 70w or 175w halide.
I ordered a number of macroalgae frags from lareefs.com. I just got them today, and they are nice. Louis at lareefs has been a great person to work with, and has sent some excellent corals and macros. The macros are currently living in the sump of the 125g, with a spiral 6500k bulb from Home Depot for lighting. They have the chaeto, some bugs, and a hermit crab to keep them company in the meantime.
I did acquire a couple of nice mushrooms and a Bowerbanki which will likely inhabit the tank, along with the critters I mentioned previously. I also put an order in for a world-class Ricordea (Florida). However, it won't be ready for a few months (Yes, I have ordered a living creature that hasn't even been born yet. Go, figure.). He/she/it will most definitely go in the new tank. Additionally, I have a green base Rhodactis Indo. on hold, and am considering a Dendro (I should have a rock ledge to put it under, and feeding it may serve as a food source for the remainder of the critters. The peppermint(s) can clean up the larger leftovers, if they don't steal the food out of the Dendro's mouth before it even gets a chance to eat).
As before, pretty boring stuff so far. I will take some more photos when the nitrites drop (if they ever show up), rockwork is in place, and macros and "tester" mushroom are in-tank.