The F model is basically the sump I run. I would recommend the Fuge especially if you are going to run Bare bottemed in your tank. I personally run Miracle mud in my fuge and a Deap sand bed in the tank.
For your overflow situation I would recomend plumbing both overflows together and then put in a valve to limit the flow into the fuge. Just a recomendation. That way you have the ability to change the flow the way you want to instead of just moving 50% one side and 50% the other.
In this design the amount of flow into the fuge would not be counted in the sump flow for the skimmer sizing caculation.
So lets say your skimmer runs 500 GPH. You would want around 700
GPH return pump to allow the other flow into the refugium.
George.