Well you already have experience with a trickle filter so your really in the best position to decide if your friends is a great deal, sounds like it to me especially coming from a friend.
As far as canisters you also have some experiences with the Hot Mag which is actually quite a little engineering marvel. Because the Hot-mag uses a circumference style filter the ratio of the filter surface foot print is huge in relation to the Hot-mag's size. When it comes to pressurized enclosed or "canister filters" circumference style media filtering is the only way to go IMO and all you will see in industrial applications becasue of the efficiency. The magnum-C series is a stackable media style canister filter and while it is true it can hold allot of media volume,
a stackable canister filter is only as effective as the area footprint of its fisrt basket becasue that is the limit of surface area water has to work with the given amount of pressure available and why IMO the C-series has not exactly been as effective or popular as claimed and prices have fallen on it significantly.
Canister and wet/dry are two completely different applications with benefits that really cant be compared as I even have a sump and love it for what it can do different then a canister. However if you go canister take a lesson from the designed of the Hot Mag and buy a circumference style media canister filter, the FX5. I got mine (2 ) new off ebay at different times for $230 shipping included during time ending bids.
FX5 bids