You may not be able to completely eliminate the micro-bubbles, but you should be able to get close.
A couple of other suggestions:
Drill about a 1/8" hole in the top of the elbow of your fitting that goes into the bubble baffle. That should allow some of the entrained air in the drain to escape before it gets flushed into the baffle, mixed with air and creates lots of little bubbles. The upper part of the drain fitting in the overflow should also have a small hole in it - this is the essence of the Durso drain design.
Make sure that you're working on the piece of equipment that's causing you the grief - skimmers are known for putting out micro-bubbles, and they can usually be fixed by adding a foam sleeve to the output of the skimmer.
Also, realize that if the only thing you've got in the tank at this point is saltwater, you're going to have way more bubbles than when you've added live rock and sand. It's counter-intuitive, because the LR and critters produce the waste that creates the foam in the skimmer, but I can tell you first hand that there's a big difference between a saltwater-only tank (particularly new saltwater) and one that's been stocked.
Buy a ball valve (or better, a gate valve) and put it on the output of your return pump. How much air you entrain going over the overflow and into the drain sensitively depends on the flowrate. You may be able to dial back the flowrate by 20% and make a huge difference with the bubble baffle (that's what Sirreal was suggesting).
There's really no reason to have a large amount of flow going through your sump with modern set-ups and propeller pumps inside the tank. You really only need 3-5 times the system volume going through the sump per hour.
Finally, if you've taken the above steps and still cannot dial it in the way you want, you're going to have to install a triple-baffle in your sump. While more involved than the PVC pipe bubble baffle, it's still not all that hard. The drawback to doing it, though, is that you must remove the sump, empty it, dry it completely, clean the inside glass where you're going to install the triple baffle with acetone to ensure a good glue bond, use aquarium-safe silicone, and allow it to cure for a minimum of 24 hours.
If you go this last route, you've a choice - you can make the triple baffle out of glass, or acrylic, or both. Cutting acrylic is easy, glass, not so much. If you want to go with glass, you can usually get a glass-specialty shop to cut the pieces you require out of scrap. It may be even less expensive to go to a full-service hardware store like Ace and get them to cut window glass to your specifications. For acrylic, most cities have an acrylic & fiberglass specialty supply house. Many of these stores sell their off-cuts for cheap to students in the design school at a local University.