Snoop
I would try one pendant first. the dark corners that you may experience will be quite minimal for the size of your tank and its highly unlikely you will have anything in those corners anyways except for powerheads or wavemakers etc. it would be quite exceptable considering the height will be 18 high, your pendant will be a lilttle higher above the tank regardless (or you might scorch the corals directly underneath) so the light difussion wil be wider thus filling up the corners more.
BTW - IMHO I would go 24" high if I were you. 18" is wayyy too shallow for me IME. Besides its only a difference of 20 gallons but its a LOT more room. Sorry for my biased opinion but you did ask "If you could do it again what would you do"
Now that I'm on the subject, I would go with the faux sand bed
http://reefcentral.com/forums/showth...5&pagenumber=1