if you are upgrading froma 120 to a 180, i would use the 120! it's already paid for, and it will be to your benefit to have the biggest sump possible. you can section off part to use as a refugium, and still have a large area left.
I would drill the 180 for at least 2 x 1.5" bulkheads for drains. my 150 has 2 x 2" and 2 x 1" as the drains. because it is to be a room divider, you will probably also want to drill for the returns. Figure out what pump you are going to use, and drill them to fit. you may also consider a closed loop to avoid all the powerheads that not having one will require to achieve adequate flow throughout the tank. the sump itself can be drilled if you are going to use something like a dart pump, but you don't have to if you don't want. i would, just to leave as much room inside the sump as possible for skimmer/heaters/phoshpate & carbon reactors, etc....
there are a boatload of threads on here to help with the design
GOOD LUCK!!!