I say leave them as is. Pack them too tight and water can't get between the layers and will channel around the media, decreasing the usable surface area. Even though bioballs may have a smaller surface area, they allow "dripping" which leaves air space for aerobic bacteria. Everything has its pro's/con's.
Ask a tackle shop to save the line for you when they re-spool reels. I used about 5 billzillion yards, or 50 gallons of monofilament in my pond TT.I'm investigating buying the nylon on spools