got ethical husbandry?

Some burgundy algae...

Just ran a search on gracilaria and found what is growing in my tank.

Name: Peysonnelia sp.

Popular name: Chestnut Encrusting Alga


Range: Circumtropical

Size: Individual plants are seldom more than a few millimeters high, but they can encrust large areas.

So it is peysonnelia sp. Is it good or bad? Does it harm corals, fish, or inverts? Does it produce any bad stuff in the water?
 
http://images.google.com/imgres?imgurl=http://www.photoaquatica.com/LRI2-0012TL.jpg&imgrefurl=http://www.photoaquatica.com/Page01.html&usg=__179BL4ZOIe8Q5D2FQJ0LNYBDk0M=&h=180&w=241&sz=14&hl=en&start=4&um=1&itbs=1&tbnid=0Ncvq2xlFKeGvM:&tbnh=82&tbnw=110&prev=/images%3Fq%3Dchestnut%2Bencrusting%2Balgae%2Balgae%26um%3D1%26hl%3Den%26sa%3DN%26ndsp%3D18%26tbs%3Disch:1

6th down...
 
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