Yes, I used to be a believer in closed loops until something much better and more efficient came along...Tunze Streams. Watt for watt you can't do better than these devices using closed loops. You really should look at these pumps woring in a reef tank and do the math before you settle on inefficient closed loops.
jango, reefnroll, you are missing the point and what I mean by efficient low velocity, High Volume water motion. Closed loops with conventional pumps produce narrow streams of water, unless you have many loops and many returns that add up to form a broad wavefront. I used to have 2 closed loops with an Iwaki MD100RLT on each.....4000 GPH TOTAL and the flow was extremely concentrated in narrow cones (4 since each return had a centipede return). Each pump consumed 3.4 amps for a total of 6.8 amps or 6.8x110 V = 748 Watts !
Now I have 4 Tunze Turbelle Streams, each of which provides 3000 GPH for a total of 12000 GPH. Each Stream pump uses approximately 45 watts x 4 = 180 watts a decrease in power usage of almost 75% and a factor of 4 increase in water motion. But another advantage is gained....due to the fact that the Streams are not conventional powerheads. They basically use propellers to move water with in a much broader cone than conventional pumps. This translates to more volume and lower velocity since the enrgy of the propeller is "spreading out" the water motion over a larger volume of water. Also, since the streams are close to the source,i.e., they do not have to pump water through a pipe, water motion is maximized when compared to conventional closed loop systems. Another advantage is that the pumps can be programmed to operate in many complex modes (6 hour tide simulation, pulsed mode, night mode, synchronous mode,etc...).
The Turbelles are German made and muche easier to clean than convenional pumps. Now with the new "magnetic holders" it is even easier to mount these devices in your tank. And in case of a power failure, it would not take much to keep these on using a backup power source.