For a first time SW tank, I encourage people to go with a minimum of a 30. Smaller tanks are very tough to maintain and keep stable, much less stock. Unlike FW, where the inclination is to start small and go bigger, with SW, most go the opposite rate--keep a bigger tank up and running and healthy for 6-12 months, then consider setting up a nano.
Otherwise--you won't want the Penguin. Best filtration will be 15-20 pounds of live rock and 1-2 inches of sand, a protien skimmer, and auto-topoff system, and frequent water changes. A small bio-laod--I wouldn't go with a fish, but there would be a few inverts that would work, and some tough corals. Cycling and such are similar to larger setups, with more emphasis on using RO water, to avoid introducing unwanted minerals and such. There are several brands of marine mix--Instant Ocean is popular, but there are a few 'higher' grade salts that might give better results in a small setup.