That would "polish" the free, liquid fuel in the tank, but wouldn't do anything to remove or reduce the hazard of slime/sludge on the tank walls, that may only be stirred up under, as you say, "wave action."
I agree. The problem is that unless you are going to get into a dirty tank physically, (and that means seeing directly between the baffles in the tank and working it with a brush, and removing the sending unit and pickup tube for physical cleaning), the process of passive polishing or just sticking a somewhat pressurized nozzle through the 2" hole is not likely to really clean a gunked up tank. I am very skeptical of folks who advertise fuel polishing services because your engine constantly does what I have seen most of them do; circulate fuel through the filter without burning it. A boat that has been sailed and motored regularly is constantly "polishing" its fuel in a similar way and sloshing and heating the fuel while it is doing it. Boats that sit for long periods and have moisture in the tanks grow stuff and this stuff feels like very sticky, gooey, night crawlers when you remove it--I have tried to imagine how the fuel polisher folks think their systems are going to get this out by simply by doing little more than what the engine and boat motion does constantly. This thread is going a long way from where it started but here are some hard earned lessons from deliveries and passages:
1. Don't make big changes in your fuel system (biocides, plumbing changes) to a smooth running engine before a long trip. Unless you can actually see what you are doing through an access panel in your tank, you are just as likely to knock a chunk of goo into the mix and gum things up as make things better (obviously I have a couple personal experiences with making this mistake--one of them left be bobbing in the Bay of Fundy shipping lanes waiting for wind).
2. Nigel Calder recommends sumping your tank annually (or at least regularly) through the sender/pickup hole to remove water and debris from the lowest point in the tank. This will tell you the health of your tank and whether you have moisture (which is what is needed to grow stuff in diesel). The condition of the sending unit is an indicator. Because I sail and motor my boats alot and use BioBor regulalry they are generally clean, but you know the history your boat.
3. For longer term management of this problem, you should ensure that your do not have a screen on your pickup tube. Most production boat manufacturers stopped doing this in the late 80's, but I do not know what Ericson did. It is dumb idea and you should knock it out as it will only cause a difficult problem to resolve if it clogs offshore--it is no problem to change a filter, but it is really bad if a screen gets clogged (yes, I have experience with that). You also need to know that the vent line is clear (don't blow into the tank) and that your O ring on the fill cap is good--this is a good place for water to seep into the tank and provide the basis for algae growth.
4. I realize others will differ in opinion, but using a 2 Micron
primary filter is an unnecessary risk. My fellow Mainer, MaineSail has a story on his website about a delivery where that caused an enormous number of problems and delays. I think the story is still there if you are curious. I got away with 2 Micron primary filtter for years (under the flawed belief that "some filtering is good, more is better") and then I didn't. Not fun.
Just a perspective based on my experiences and mistakes.
FWIW.