Hi Jay,
I painted the bottoms of my tank white(on the outside of course). It helps me keep the tank clean cause I can see the crud there. The purpose of blacking out the sides is to keep side light out, keeping it from distracting the larvae from their job, which is hunting and eating. There is some controversy about whether it is necessary. I painted 3 sides black, and left one open for viewing, and they seemed to grow out just fine.
After metamorphosis, I don't think the fish really care. By then they are experts at eating, and eating flake food, so they are fine with whatever the sides are.
Cheers,
Kathy