Mmm... How much surface are you providing? I still think Hornwort should not be dismissed as it can take advantage of the water volume without depending on just the surface area. Very easy to discard too, just remove the older stems.
Your point about surface vs water column plants is well taken. To my mind, the core of what makes a good refugium plant can be broken down to two attributes: 1. how much surplus N (preferably from nitrate) can be exported per unit time, and 2. how low can it bring the nitrates down in the water volume.
The second bit is more straight forward. It's going to be a physiological attribute of a species that governs how low a concentration it can still find and obtain nitrate, assuming there is enough of it based on its uptake rate given the input rate. This second phrase alludes to the more complex first attribute.
The first attribute, the amount of nitrate you can pull out as plant matter, is more complex. It is based on the biomass production per unit time, along with the N content of that biomass, and the preference the species has for nitrate (vs say ammonium which vascular plants typically like much more). Your questions, I believe, deals with whether or not a surface growing will be able to out produce a submerged plant which can take full advantage of the water volume. I'm certain this can be figured out via a literature search. Finding studies that looked at biomass production, well really relative growth rate, would be the starting place. I fully admit, I have not done this. I have worked on the assumption that access to atmospheric CO2 reduces a limitation that would allow more growth. Plants like
Hydrilla suggest that this may not necessarily be true (though I am not suggesting growing
Hydrilla in violation of any laws that apply to anyone reading this).
This is all my round about way of saying that your suggestion bears some examining. I appreciate the thought with which you have replied to all of my posts here. Thanks!