That old school stuff is not junk Meguro. I am presently running tanks that use sponge filters, old fashioned box filters, hang on back filters, internals and various other configurations, including 7 tanks with canister type filters. Each filter, including the undergravel filter, has its strengths and weaknesses. Understanding your equipment is far more important if you are using "old school" equipment, but many millions of fish were bred for the better part of a century before the canister type external filter was invented. Those fish lived in environments every bit as good as the ones you can get today with a "proper" canister filter. I even run one of my tanks virtually unfiltered by mechanical means. I circulate a lot of water in that tank but it uses a true biological filter, plants, to maintain my water chemistry. I did a large water change on it just last month, after about 4 months of no water changes. I tested right before the water change and found 0 ammonia, 0 nitrites and 10 ppm nitrates. Try that with your state of the art filters, but please don't wait that long for the water change. The nitrates coming from your modern filter will build to intolerable levels.
Please note that using the NPT approach to fish keeping is not recommended for a beginner. It takes some minimal skill to make it work right.