There are many types of xenia, some pulsing, some that don't.
We have 3-4 varieties in the reef right now, about 3/4 pulsing happily. We've moved them around, they've moved themselves, and they seem happy just about anywhere. Some are high in the tank, others are at the bottom. They do well in all light levels, and while they like current, it's not required, and shouldn't be strong if you want them to pulse.
Ridiculously easy to propogate--best method we've found is to wait until the attach themselves to rock in two places (tipping a rock so it goes sudeways works great), then cut the trunk between the 2 spots. Both chunks will develop just fine. They also develop buds which detach as well.
Sounds weird, but they suck up nitrates. Our tanks have not had detectable since we added the xenia, not that it was ever high to begin with. We don't use any means of nitrate export other than regular changes.