In all of my planted tanks I use potting soil under the substrate for nutrients.  I have the oldest of the tanks planted with Miracle Grow Organic at a layer of 2" and apx 2" of playground sand covering that.  I have not had any issues yet with hair algea or the dreaded BB algea and my photo period can be as long as 14hrs a day.  The main tank is inbetween 2 large windows and I turn the light strip on when I get up and off when I go to bed.  This works well for me simply because I have healthy plants and do not have to trim them every day.  I have not dosed one ounce of ferts, or added one bubble of CO2.  I do keep all low light plants and have a pair of 4' 5000k 40w lights.  This tank is 72 gallons so we're talking about just over 1 wpg plus natural light.
 
plant list for that tank: Anubias Lanceolata (at least 1" of rhizome growth in 8 months), Bolbitus fern aka. African water fern (countless new fiddleheads and runner growth of more than 3") crypt lutea (unbeleavable growth, started with 1 pot split into 5 plants, now I just split one of those into 5 more plust several runners resulting in new plants), crypt california sunset (moderate growth), undulatas (sp?) have now grown to the waters surface and across the top several inches, 1 amazon sword grandfolias has emerged from the surface and now stands a whopping 24" tall from sand to open air. 1 ruby melon sword that has more than doubled in size with apx. 10 new leaves, a bit of java moss here and there, and Guppie grass that I have to cut back about once a month.
 
I have a trio of Long Finned - Blue Eyed - Albino bristlenose plecos that keep everything cleaned up really well for me, and I think the Guppie grass sucks up alot of extras out-competing the algae for goodies.  Low tech success in my humble opinion.  I am enjoying the tank greatly for a small investment and a manageable maintence schedual.
 
A quick word on Miracle Grow Organic potting soil though.  Lots of biological material.  Wood shavings and shreds galore.  Some tannin staining of the water and believe me they find their way to the top without much trouble.  It has made what I thought would be a nice white sand bottom look like the bottom of a river bed.  Witch, actually, is not such a bad thing.  It looks very natural but has a tendency to clog the filter pads in the penguin filter pretty quick.  I rinse them in tank water about every other week when I change the water.  I have gone as long as 1 month between changes and have had no fish loss, but I try to keep an every other week w/c schedual.  In the tanks I have set up since I have gone with Fertilome Ultimate potting soil.  Unfortunatly I have not had them set up long enough to compare the growth between the two.