Yes, pp is Potassium Permanganate and it does make the water a really bright purple color. I bought a used 75g tank from a lady I know and wanted to disinfect it before setting it up. She sold it cause she couldn't get any fish to live...everything kept dying. In talking with her later, I found out why she couldn't keep fish. The tank has two Penguin 330 filters and she threw away the biowheels because she broke one of the brackets that hold them on. She told me I didn't really need the biowheels anyway. They basically didn't serve any purpose in the filters
Then on top of that, she was changing out the filter cartridges every week! What little bit of bio bugs she might have had growing in the filter was thrown away every week and the tank never had a chance to cycle. Her fish didn't stand a chance.
I bought the stand, tank, heater, two filters, gravel (this was a mess)...basically everything I needed except fish for 300 bucks. I didn't think that was a bad deal at all. I had priced 75g tanks at the lfs for double that price just for the tank and stand.