I use air driven sponge filters and a HOB for water polishing. As long as you have a fair amount of surface movement any way you choose should be fine. Many people say discus don't like a large amount of movement in the water, but mine have always played in the current. If your wavemaker is adjustable you can set the best current for them.
as far as lighting, you'd have to play with the settings to find the right balance. I use florescent Colormax and it's great for all discus...