I would use a combination of the 2 filters. As far as the Emperor 400. Its a great filter as the Aquaclear. You will have to have a prefilter on the intake. Some people will wrap panty hose around the intake to keep the fry from being sucked up.I'm not too big on aquatech filters but they do work just not in the same class as emperor and AC. This is the sponge filter I would recommend. http://angelsplus.com/FiltersSponge.htm Note the 50 PPI is recommended for fry.
If it was me I would use the filter you have have the intake fairly near the surface if their is an adjustment put a prefilter on the intake and get 2 sponge filters.
If it was me I would use the filter you have have the intake fairly near the surface if their is an adjustment put a prefilter on the intake and get 2 sponge filters.