Ah Yes, The old "NitrAte Factory" arguement....
I have "heard"' that about Bio Wheels, But then I've also heard it about Bio Balls in a wet/dry,canister filters,non functioning/non Mature DSB,and CC/under gravel filters...
The fact is any surface area that allows bacteria to grow and is exposed to nutrients (including Live Rock) "Produces" NitrAte...That is always the end result of the biological cycle...ie: waste to ammonia, to NitrIte, to NitrAte...
It is the "first step" (nutrient level) and the "last step" (exportation,consumption or break down of NitrAtes) that are the "keys" to measurable levels of "excess" NitrAtes in your tank...
The "first step" can be controlled by limiting the "importation/addition" of nutrients in your tank...ie: limiting feedings,using RO rather than Tap (which "may" have nitrates/phosphates in it), and "cleaning" areas of your system that may "trap" excess nutrients (which when decomposed/biologically processed result in excess nitrAtes).
This includes canister mechanical media, wet/dry bio balls, vacuuming CC,changing "smallish" filters on bio wheel systems often and removing uneaten food from sand beds in a timely fashion...
The "last step" can be controlled by having a fully "functional/mature"
DSB to process nitrAtes...ie: proper amounts of worms ,critters,cleanup crew to "break down" waste to having proper anaerobic "zones" for biological conversion to Nitrogen gas...
Or "plant life/Macros" in a fuge to consume nitrAtes (which are then removed with the plants periodically..
Or water changes to "dilute/remove" excess nitrAte
Or a "mechanical" de-nitrator device to process the nitrAtes to nitrogen...
All of these or at least some combination of these steps...IN ADDITION...to your filtration of choice (HOB,Can,W/D,Sump/Fuge) as well as a good Skimmer are needed to control waste products and NitrAte "production/buildup" in your system...
All have strong points...All have weak points...All require "some" amount of maintenance to function properly...