All of that sludge is probably inert. If it had anything usable in it, some microfauna or bacteria would have consumed it down to nothing - you can pretty much assume that in a mature tank, nothing gets left behind. However, I do find that it gums up the works and keep things from moving around freely and stuff. I like to get it out. Keep in mind that I have sand and most of it ends up in the sand. I like the critters and bacteria to have a clean sandbed without a bunch of even inerty detrius in it... we would want the same, right? I vacuum my sumps occasionally and clean the sand every 3-4 years in small chunks so that the bacteria can develop again (oxic and anoxic) in the right areas. The worms, conchs and sand snails love the parts right after I vacuum them... they hang out there for weeks.
Any phosphate issue that you have is not from that. It is bound phosphate in the aragonite. You can get it out, but go slow and be smart. Lowering is fine... lowering too fast usually causes problems. Helped a dude locally and we started to put LC in his ATO reservoir. We want to lower his P from 1.0 to bout .10 in 9 months or a year. He is adding like 2ml raw LC to 20 gallons of RODI - no idea how this works out, but in a month, he is down to about .85... so right on track. He bought SeaKlear or whatever the stuff for swimming pools is - cheaper and LC is LC.
Any phosphate issue that you have is not from that. It is bound phosphate in the aragonite. You can get it out, but go slow and be smart. Lowering is fine... lowering too fast usually causes problems. Helped a dude locally and we started to put LC in his ATO reservoir. We want to lower his P from 1.0 to bout .10 in 9 months or a year. He is adding like 2ml raw LC to 20 gallons of RODI - no idea how this works out, but in a month, he is down to about .85... so right on track. He bought SeaKlear or whatever the stuff for swimming pools is - cheaper and LC is LC.