Live Sand - Good... or waste of money?

[RGS88]

I'm setting up a new 65gal reef tank and have been looking at sand/substrate. I've heard and read pros/cons to using live sand for a new tank (vs regular or dry sand). Pros: live sand is "suppose" to cycle the new tank quicker. But I've also heard that live sand serves no purpose because the cycle process of ammonia/nitrites will kill most everything in the live sand anyway... thereby making the "live" sand useless.

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