Hey George, Welcome to the ARC!
What everyone means by stripping your wet/dry, I believe, is that your sump contains blue Bio-Balls, or whatever color they may be. What happens with these balls, is that they start to become nitrate factories. And now you start pumping all of these nitrates, which in small quantities is basically harmless, but in large quantities is very harmful, back into your display tank.
So what you do is, start to remove a few balls everyday to lessen the stress on your system. In maybe 2 weeks or so, you will have completely removed all of the balls. You don't need them.
As noted above, you definitely want to add some more rock, whether base or live, depending on your budget.
And as noted above, you will definitely want to look at a quality skimmer to clean the water in your tank. I really like my MR-2 skimmer from Myreefcreations.com, plus they are an ARC sponsor and provide 10% off to ARC members.
Using RO/DI water is almost a must, to prevent further complications from algae blooms and so forth.
So my newbie order would be:
1. Protein skimmer / Remove Bio Balls
2. RO/DI unit, if you don't have one already
3. Live/Base Rock
4. then worry about upgrading your lighting
Also, I wouldn't worry too much about your anemones. If they don't like where they are, they will move. Just keep an eye on them and see how they are doing.
Look forward to seeing you at the next meeting. And post as many questions as you need until you fully understand what you need to do and why you are doing it. This is a super friendly and flame free environment. We're all here to learn and help each other out.