Hey there, it was my first reef tank i attempted. It can be done with the LED lighting upgrade plus Coralife 50/50 mod. It makes a great looking little tank however water changes and maitenance can be quite a pain. The water level ALWAYS has to be topped off or else you risk burning out the LEDs / 50/50 due to salt splash and unless its all the way to the rim you will get bubbles under the glass. That being said when it was clean and running it was one really nice looking tank!
I had the same lighting as this guy + the coralife 50/50
http://www.youtube.com/watch?v=LFuOiPoVRZg