It seems as though there are a lot more builds using the lumber framing method than concrete blocks...Is that because it is easier or just plain stronger/better?
It depends on what you're comfortable working with.
On MFK, John is definitely the king when it comes to building tanks with concrete blocks. I would say that Ted (AlmostAnythingFish) is the king of the outdoor plywood tank builds with his 2400 and 8000 gallon tanks.
http://www.monsterfishkeepers.com/f...onstructing-a-Monster-Aquarium-Yourself/page3
You don't have to look too far in this DIY tank section to find a 2600 gallon plywood build that had months of grief with leaks, and a 4300 gallon tank that still hasn't got the leaks fixed. Leaks scare me. My husband wanted to build our tank, but I was too afraid, so had an acrylic tank made, hopefully, to avoid any leak problems. I should have had more faith in my husband's ability, because he would have done a great job. (Our DIY addition to house the tank is beautiful.) From all I've read about polyurea, that is what I would use to line the tank if we were doing a DIY tank, no matter what the tank was constructed with.
Read John's and Ted's threads on their tank builds, and you will probably formulate an opinion on which direction you want to go. BTW, you asked a question about the 5,000 gallon tank and whether it was still in use. John constructed a second 5,000 gallon tank adjacent to it, then knocked out the wall between the two tanks, making one 10,000 gallon tank. Many of us read his thread with baited breath. It was an incredible build.