This thread is a little old now, but...
Yes, this will be a very good filter - although it isn't actually a filter at all. It will be a "Bio-Converter" meaning that its function is to grow a bacteria colony on the Kaldness media. The bacteria (Nitrosomonas and Nitrobacter) will convert ammonia to nitrites and nitrites to nitrates, respectively.
You will definitely need to prefilter the influent water with a mechanical filter system as any muck will hinder the bacteria colony and impede its function. A great filter system here would be a radial flow separator followed by a S.S. screen filter or nylon mesh sock filtration system where the "socks" can be removed easily and often for cleaning.
John was correct on the "boiling" action. You just want a nice gentle rolling action of the media. Too much action causes the healthy bacteria to be dislodged or "knocked off" the media. You only want to knock off the old, dead bacteria to allow plenty of room for the new, young bacteria.
When you add the NEW Kaldnes media, only add about 1/3 of the volume at a time (roughly I think) because the virgin media is highly bouyant and will just float on top of the water. Add a little more after the first batch of media has matured - so to speak. Once the bacteria colonies start habitating on the media the media becomes neutrally bouyant, meaning that it will float around in the water, not sink and not float on top.
That link to EarthanGroup is a great place to start on this research.
Catfishnut