My guess is that you will be disappointed with the pump, although you may not know it at first.
I have a PE 80 gallon split tank and I had two of those BS 1100?s, one of which is still running. I have two thru-hulls each with it?s own pump plumbed into a manifold. I can run either or both pumps. I can also close off the tank if I get a clog and pump one pump out the other to clear it, works great.
As to why I think you will grow disappointed with the pump you have. Well, you will most likely not put more then a scoop or so in the tank most of the time. Your pump will handle that ok because the bait has such a large volume of water for such a small amount of bait. The first time you load the tank you will just think you got a bad batch of bait as it rolls and you watch your bait and your hopes on that expensive offshore trip go right in the toilet. But hey, you can just blame it on bad bait, the first few times anyway! I plead the fifth on how I know about this.
My two cents: Get a real pump when you have a real bait tank. You have a lot of money tied up in that great tank, either have Mark set it up for you, or ask him how to properly set it up. You will be much happier and you?re going to have to set it up that way later anyway. Mine came from the dealer as a package and although they did a pretty good job, I sure wish Mark had set mine up. I hate doing things over that should be right in the first place.