See this article
http://www.cannabishealth.com/issue_02/compost.htm
My personal experience was excellent. I used expanded clay pellets with an ebb and flow system. I also also apply sucanat or maple syrup as a food source for the microbes. Also using additives like fulvic and humic acid for a source of fungi.
I started compost 7 days before applying to system to give the tea a chance to ferment and stabilize. Once the smell subsides after 5 days or so, you're ready to go. Dilute the tea with another 5 gallons of clean water.
One major benefit is being able to apply methods for eliminating fungus knat by use of nematodes or mosquito dunks. Must more difficult to control knats in soil.
I was unable to find resources on preferrable pH so I targeted 6.7pH which worked superbly well. Photos below of Nirvana's Master Kush show healthy results and I guarantee superb taste. This is not the best representation of a SCROG set up though. We'll save that for another entry. Looking forward to the day when I can legally perfect growing hydro with compost teas.