Air has about 13 times the CO2 that water usually holds. Your plants will not be short CO2 useing Emperor 400s. It will constantly be replaceing the CO2 not removing it.
This is flat out not true. Water and air will have the same amounts of oxygen and co2 as long as there is surface aggitation. Without aggitation the surface tension of water inhibits the free exchange of gasses between the water and the air. However, aggitation breaks that tension which allows for the free exchange of gasses.
The reason for adding co2 to a planted tank is certain plants will consume co2 faster than it can be replaced by the normal gas exchange. So for these plants to thrive, additional co2 is needed in a tank. If you are adding co2 to your tank, an Emperor 400 will simply outgas most of it.