I would say that larger tanks definately have a lot more advantages to small tanks, but there are still some disadvantages i can think of;
a. If you want to plant or decorate the tank a lot it can be very expensive as there is so much space to cover before the tank starts to look more complete, for example when i got my large peices of bogwood (around 3ft long each), they cost me around £60s each. I've also spend so much on sand, plants, rocks etc...But there are many ways you can still save money decorating tanks- for example, a lot of the rocks in my tanks were picked up at the beach

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b. Water changes take longer and cleaning the tank can be a lot more energy intensive. If you have a 2ft high tank, i can tell you that you arm gets really tired after 1hr of decorating the tank etc lol. I have to stand on a bucket when i clean my tanks as i'm too short to reach the very back at the bottom of the tanks lol

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However if you just have the one large tank to worry about, then tank maintenance becomes a lot more simple and organised than if you had many small tanks to look after.
c. I agree with CFC that after a while even a large tank will start to feel like nothing special size-wise after a while, i remember when i got my first 125gal i was like "OMG its so BIG!" and now i'm like "Hm, it would be nice if it was 6ft long and not 5ft long..."....
d. Getting decent filtration that properly filters and cleans the tank can be a pain in the bum if its a really large tank filtration can start to get very expensive, all my tanks are technically over-filtered but if i had less filtration, stagnent area's would start to form in the tanks. If you are considering an 8ft long tank then i would definately have at least 2 very powerful filters which can more than handle the amount of gallons in the tank, one situated at each end of the tank.