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I am about to set up a new tank, and i'm wondering if i can speed up the cycling process by putting the new filter sponge in the old tank for a few days to build up some bacteria, and also wondering if using some 2nd-hand water from the old tank to add to the new one would help the process along too.
Any thoughts?

Thanks, nim

Yes, those measures will help speed up the cycling process.

Great Thanks muchly.