1. 5lb is fine. Comes with just the on/off valve.
2. Aquatek is on sale and a good first reg to own.
3. I personally think CO2 tubing is overated but others will say otherwise
4. Powerheads make terrible diffusers. Ceramic or reactors are the best.
5. Yes bubble counters are needed otherwise its really hard to tell how much CO2 youre flowing
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