not really, I know a few cichlid/reef owners that raise live bearers to feed to their "pet" fish...and one fellow used to have some sharp guppies....they usually set up a 20 gallon and do a 2 to 1 ratio and let nature take its course.What do you mean dispose of the fry? Why get males and females at all? That's pretty irresponsible to have livebearers and toss out fry.