Is a 1/2" sheet of polycarbonate going to be strong enough for 48" tall??
No. I did a 96" long 48" tall plywood tank with 3/4" cell cast once. It worked, but was not enough. I tore it down after a few months because the bowing was making me real nervous and it was starting to cause a small seam leak at the bottom. I would not even think about using less than 1.5" cell cast for a 96" long 48" tall plywood tank. Also this was fresh water. The density of salt water makes the depth of the tank even more of an issue.