The JBJ won't make waves with any type of pump, but it will oscillate your water flow quite nicely.
I would start out with it on the fastest setting and see if you like it. I definitely prefer it faster oscillating.
I use a Red Sea Wavemaster Pro and it has some settings that are a bit more advanced than the JBJ (that isn't necessarily a big deal though)--- it has "calm", "medium" and "turbulent" and "all 3".
In the end, the 4th setting ends up being "random" water flow because the changes vary throughout the day, which I love. I actually also use it on my freshwater planted tank since it sits very close to my nano.