Nice sump! I'm having trouble seeing where your waterline is. If it's too high, the sump might overflow if the pump shuts off during a power outage or something. Regarding your question about wet/dry vs. wet only: As far as I've been told, the fully submerged bioballs aren't quite as effective as wet/dry bioballs. This means that to achieve the same effectiveness as a wet/dry, you just need more media (or media with more surface area like biomax). The reason wet/dry is more effective is because it gets more oxygen and since you're putting airstones underneath your media there's probably not that much difference between your filter and a wet/dry filter. The only thing is that you will be using more equipment and more electricity to replicate a wet/dry. It might be more reliable and more cost effective to just go wet/dry. Your media will be just as, or more effective and you won't need to use extra air stones.