I've have one. I found the same problem as you - not much useful detailed info on them.
With mine, it hasn't moved from the spot I put it, maybe / almost a couple years now? I have it with a BTA, and a crispa in the sand, but I don't recommend mixing anemones - I haven't experienced any major problems with doing so though. I keep a very basic system.
Filtration: as the water flows, filter sock that may get changed every couple weeks if I remember, skimmer, refugium, return pump. That's it. Suppliments are mixed/all over depending on what I have, remember to dose, etc. I don't use carbon or any GFO or anything like that. I don't do regular scheduled water changes, but have done large water changes in the past year, just not recently. My 50 gallon vertical tank has been empty since halloween. Last week I did one though, 5 gallons - only because I dropped off some stuff at the LFS and needed to add it to the sump. I use 2part, and have a kalk reactor, but my reactor is running ro water only at the moment.
I think mertens are extremely hearty, like a BTA. It took quite a few months for it to really look like it "settled" in, maybe like 6 months or so. It has a potent sting. Mine touches a BTA that refuses to leave, has for almost it's whole time in my tank. BTA will definately loose to it if it ever came down to a "real war". Only complaint I have is it's not the fastest eater, never has been. It's a good eater, just doesn't bring it to it's mouth as quick as I'd like it to. I've got 6 tangs that like to steal it's food, so I have to fan it closed on the food to prevent the tangs from getting it.
I have pretty high flow in my tank, tank is a 210 with (2) mp40's, and a closed loop, and the return has an eductor on it. When everythings on at once, I'd say my tank has high flow, and it loves it. My closed loop is on a timer 15 minute on/off. Mp40's are on max on reefcrest, I think - orange.
I've fed it anywhere from nothing for a month or 2, to every day. Mine seems to like to be fed every day, but I've stopped doing that. It grows pretty quick, based on food.
This is just my experience with the one I have. If you have the space for one, you'll love it! Post some pics when you get it!