I don't have experience with C. flavescens but I kept Chaetobranchopsis orbicularis for a couple of years. They're smaller (4" or so max) and less robust than flavescens...but also filter feeders.
Mine LOVED frozen Cyclopeez and other small frozen foods (brine shrimp). They would eat prepared food (NLS, Kens, flake) as well. These guys constantly eat...vs. eating a lot at a given time. So feeding them a little bit frequently is better than trying to feed them a lot once per day. They'll simply not eat more than a bit and the excess food will rot.
I think that flavescens can stick up for themselves a bit more, but what ultimately did in the orbicularis was keeping them with tankmates other than tetras / super peaceful fish. Stress results in them not eating...and once they begin to fade away, it's hard for them to recover (as they can't eat a lot in a single setting). They can be hard on each other as well (which was the end of the "third" wheel that I had).
I kept mine at 76-80 degrees, local tap water (7.4/medium hard) in a quiet tank with driftwood and plastic plants. Two of them paired off but never spawned. I showed the male of the pair at the Catfish Convention in 2009. He was probably close to 5" at the time.
Matt