Honestly I like both designs....I'm actually a bit tired, but the only real difference I see between the 2 designs is an extra baffle? Might be missing something else, but the important thing is the spacing between the baffles, to eliminate the bubbles making it to the return pump section. What is the actually foot print of the skimmer? I would opt to leave yourself a little room to run some type of reactor, since your trying to compact everything around the tank instead of underneath. There are other ways around it though.
I'm just wondering if alot of the water is going to end up bypassing the skimmer and going strait to the trap.
The skimmer isn't suppose to process all the water at 1 time anyways, so that is no big deal. If you look at any tank setup there is NO WAY the skimmer is processing all the water entering the skimmer compartment.....So shouldn't affect efficiency IMO.
From what I can tell, when the water flows over the overflow it's only going to have about a 3/4" fall before it runs over into the bubble trap.
Shouldn't be an issue.....The greater you increase the water fall or drop IMO, you'll increase noise, water splashing; which will lead to salt creep, and it also increases changes of bubbles being more prevalent, and possibly affecting skimmer performance, and possibly leading to the bubbles being transferred to the return section....Again JMHO.....
I was also thinking of using a Mag5 pump to recalculate.
Honestly I think that would be way overkill.....you might want to look at something 3-5 tank volume turnover???? You have to remember you won't have alot of head loss due to everything being mounted right there in the tank, per say. So you will be pushing the overflow and such pretty good, increasing for micro bubbles to be returned to the tank.....You want your turnover done inside the tank; either from PH's or a CL. What type of lighting are you planning? Heat transfer from the Mag is an area I'm not found of as well.......