A VERY WARM WELCOME to MASA, TurboSnail. Great to have you on-board!
Just to answer your question, w.r.t live rock, with a "vague answer"
Like everything else in live, everything is "relative" (Einstein's theory of relativity).
Meaning: (pertaining to your question):
IF YOU CAN EXPORT THE NUTRIENTS YOU PUT INTO YOUR TANK, then, there are quite "many ways to skin a cat":
Here are some scenario's:
1) IF you don't want to use a lot of live rock, you CAN possibly compensate, by getting an extra large skimmer, and/or, get a huge Deep Sand Bed (DSB), and/or set up a refugium with a HUGE amount of macro algae in it, to remove the most of the final stages of the seperate chemical compounds/building blocks, that make up the nutrients (these would be end products from the denitrification cycle/process)...
2) you can use a huge amount of "bio-rock", as long as it is extremely porious, and a little amount of live rock - but you DO need to get the best quality live rock then.
3) the rock you are talking about, that have been "lying dry outside", is not live rock anymore. It is "dead rock", that has the same "value", as bio-rock. I would not purchase this, because you could end up with more problems than it is worth. My personal opinion: rather get 80% bio-rock, and 20% of the best quality fuji or fuji premium/malaysian/tonga branch, etc live rock - you will have a much healthier system, in the end...
So - I hope that you have grasped what I am trying to say. If not - please let me know, and I will elaborate.
Good luck with your journey into keeping marines. It's a GREAT addiction!
Please ask as many questions, as it takes, that you can become the BEST reefkeeper you can be.
Also - PLEASE come and ask our opinions, BEFORE you go out and purchase stuff at a LFS...... as we do not have any financial gain, in giving you good advice.
Also - PLEASE BE PATIENT! This is MOST likely the MOST important part of starting/keeping marines!
Good luck, and enjoy!