Now I know I may come off a little harsh so I apologize in advance.
Dead rock is the only way to go for me. I don't see the point of so called "live" rock what so ever. From the time that it is yanked from the ocean to the time it hits your tank. That rock has been sitting and drying out anywhere from days to weeks. If not it sits in a dirty gross half maintained LFS "live rock bin", where it just festers and soaks up all the phosphates, and other nutrients from the massive pile of decay that most likely at best has a fluval canister for filtration. It's half dead, and just a rotting mess. The Biodiversity is only obtainable from live rock claim is hogwash to me.
I use dead/dry rock when I setup my systems now, and biodiversity is not an issue. If I had the patients I would make my own rock but that huge cycle time is to long for me.
Why I would assume I could get a larger amount of biodiversity via the addition of so called live rock vs the addition of wild/maricultured corals? A very large % of the corals we purchase come attached to rock, or plugs. These corals are being shipped to us WET, the rock they are attached to typically is overflowing with life and biodiversity, and is in much better shape the the half dying rotting "live" rock many of us are told is a necessity.
The past 3 systems I've setup have all used dead rock, and I have no shortage of random sponges, inverts, and algae showing up in my systems just due stocking.
Don't get me wrong, I also don't buy the "dead rock will prevent my tank from getting pests". In previous years when I used to have a shop I can tell you have just as high if not a higher chance of getting pests every time you add a coral to your tank as you do from live rock. I've fragged up montipora rocks to find mantis inside, just like I've had mantis shrimp come off of live rock. Heck, you can even unwanted things just by adding water from other systems.
The advantages of using dead rock for me is a quicker cycle time, easier to work with in terms of aquascaping (rockwalls, pillars, ect), easy storage/shipping prior to usage, and simply a cleaner tank start up. The ability to slightly control what you are adding via how to you treat new tank additions is a plus but I'm not that diligent to be able to claim so. I do dip most pest prone pieces, but not all corals. (ie I don't dip my lps unless they have other issues).
..and if you are worried about bacteria, a little nsw to start your system off usually takes care of that, or even the addition of some bottled bacterias if you want to go that route.
edit:and of course the cost.. live rock = $$$$