hi Avi,
I have the FI-AM76001 and imho it easily does my tank due to so little load, I think that it would get rid of the nitrates no problem from your setup.
I use the balls, which you feed some tablets for the first few days, using a syringe. This kick starts it - I only did half the course as it was overloading it.
Treat it like a skimmer, with time you will just know it. The smell from the output should always be scentless. If you do smell sulphur too little flow, speed it up until the smell goes and then you can start again I aim for about 2 drips per second, it says about 1, but I found this was causing me problems with excess buildup on the bio balls (became quite furry)
just did the ph test and it was undetectable using a colour test.