Sumps are a great place for equipment and a decent place for a refugium. It's also far easier to add water to a sump than a display tank while performing a water change. However, it can sometimes be a challenge to keep the falling water quite.
Sumps hide all your equipment. You can also turn a portion of it into a fuge. You can set up a Algae Turf Scrubber in there. Extra water volume, meaning more water stability.