Back in the day before "bio media" ever existed, once a tank was established high nitrates was the only concern...
I don't have any specialize bio media in any of my tanks... yet bacteria seems to find plenty of surfaces to grow on...
Now I have become convinced that Fluidized Beds or wet/dry (but not just a sump) will allow the bacteria to multiply faster on the rare occasions it needs to, such as when the stock list increases dramatically.
But I do not see any benefit to having bio media with vast surface area completely submerged in water. Since there is no increased oxygen to fully submerged media... and there is already ample surface area within the system already...
What's the benefit?