Okay, let’s get back on subject here.
You say you want to be able to keep all sorts of corals, so I’m going to assume you will want some SPS, LPS and some Softies. The first thing you need to understand is that corals need a certain amount of light Intensity in order to survive. There is a popular myth in this hobby that based on how many “watts per gallon” you have will determine what corals you can keep, I’m telling you right now to save you time and money, the theory is crap. Check this out:
Following this "rule of thumb", 100 watts over a five-gallon tank (20w/g) appears much better than that same 100 watts over a ten-gallon tank (10w/g), but the intensity is lacking in both cases. One hundred watts is still one hundred watts, no matter how you slice it. Intensity is the key, the more the better. If a coral, for example, requires 15,000 lux to saturate (survive), it needs to get that amount of light regardless of tank size. So, if a 175 watt metal halide puts out 17,500 lux at the water surface and 8,000 lux ten inches down, it’s enough light for the coral at the surface but not at the bottom.
You see the amount of light you have means little, the intensity of light you have means everything. Please read this article for some more info on lighting in a reef.
<a href="http://www.animalnetwork.com/fish2/aqfm/1999/july/features/2/default.asp" target="_blank">http://www.animalnetwork.com/fish2/aqfm/1999/july/features/2/default.asp</a>