Would dosing be a better system for a newbie reefer to learn with?
You don't NEED either of them, but man, do they make things easier
A dosing pump is just that, a pump, or more commonly, 3 or 4 pumps. What you put in it can vary. The most common would be some sort of 2 part calc/alk additive, some of them come with trace elements... it varies. The same dosing pump could be used for Kalkwasser, or various trace/micro element dosing, I've even seen people use them to dose coral foods of one sort or another. With a 150g reef, I would expect to need a dosing pump of some sort, regardless of your method to maintain calc/alk. You'll find _something_ you want to dose on a schedule
I have a CoralBox doser, distributing Triton Core7 2 (4) part, in my 150g system. Over time, as my coral load increases, I expect this is going to become a rather considerable expense, but up front, it was reasonable.
A Calcium Reactor does the calc/alk maintenance job very well, but doesn't necessarily eliminate the dosing pump. There are elements required by your corals that are not supplied by a calcium reactor. I used one years ago. I'm hoping that they have become more reliable over time. The one I had, about 15 years ago, required constant maintenance and supervision. Left a bad taste... I suppose one day I'll want to look into one again, but I'm really dreading it. From the accounts I've read, aside from initial expense, they don't seem so bad to set up and maintain these days. But... they are expensive!
You missed a choice that I highly recommend for many new reefers... Kalkwasser. Presents a simple, hard to screw up method of maintaining calc/alk in your reef. Just keep kalkwasser mixed in your ATO reservoir, have a good (I recommend Tunze) ATO system, and you're done. By far the cheapest, easiest method of maintaining calc/alk in a reef. Unfortunately... this method will not keep up with a very heavy demand SPS dominant reef. If you're planning a mixed reef, with more soft/LPS corals than stix, then I highly recommend this method.
As mentioned by ndrwater, if something does go wrong with your Calcium reactor, it can easily take out the entire tank. Of course, that's true of a 2pt dosing system too... if your dosing pump sticks on, or the system starts siphoning 2pt into your tank, it can certainly take out the entire system. Even Kalkwasser... bad ATO system can flood your system, raising the pH into the stratosphere.
Still researching and a bit confused!
Keep up that research

Confusion is normal, at this stage. Reefkeeping has a rather steep learning curve in the beginning. Don't panic. You'll figure out what you NEED to know pretty quick. That said, I started my first reef aquarium in 1982, and I'm still learning
