I disagree on lighting though, my lights are 12 on 12 off. 250 watt metal halide and I've only had a problem with hair algae because my bulb was really old. Put a new one in and all my hair algae died back pretty quickly.
Good point, and worth some clarification! In fact, I ran my halide rig at 13 hour days for the first year+ and had no issues with algae and I'm running 11 hour days with my LED's now - no algae to speak of.
Was mostly speaking in the context of fighting off algae...12 hours would not be good for most tanks in this scenario. I might even recommend less than 6 hours for some cases - even 100% blackout days sometimes. With most tanks in this scenario, it's not just the lights.

In fact many people in that scenario actually see their algae get worse when the replacement lights are installed.
Algae control is a balancing act and lighting is one of the key players. (It's also one of the easiest to control.)
Since we're on it, about 4 hours of "mid day sun" (what most of us are hopefully trying to approximate) is all our corals really need....beyond 4 hours or so and lighting becomes more and more for our viewing pleasure and the intensity need not be so great. "Most tanks" with "most lights" can do fine with 6 hours or so. I ran my SPS tank on 6 hour days for more than a year just to conserve bulb life a little and saw no difference in my coral. Moving to LEDs and away from expensive bulb replacements, I might be less concerned with keeping the hours down as long as algae is under control. Good "night lights" can be used to extend "daytime" to 12-14 hours, but I wouldn't say there's much to gain by running full intensity lighting that whole time. (Convenience, of course, if you only have room/budget for your main lights.) Just run enough quality bulbs/LEDS to light the tank and make everything look good. "Fish only" style!
YMMV, as with all thing reef.
-Matt