My boat has 3 40 gallon water tanks: One in the bow and two - athwartship under the settees, all plumbed together, with 1/2" copper, to drain equally. That was the thinking at Alden, 60 years ago.
The two things I didn't like about that set up; there's no easy way to install a gauge. And two, when you fill the 40 gallon tank way out in the bow, it drops about 4"!
Soon after getting the boat, I cut the forward 1/2" copper line and installed a gate valve. As coastal sailors, we rarely need the 120 gallon capacity. We put about 10 gallons of water in the bow tank and close the gate valve. That affects the trim little if at all.
When the two mid-ship tanks begin to get low, I can hear it in the water pump, usually in good time to fill it at first convenience. But if it runs dry, we open the 10 gallons of reserve. That solved my gauge problem, well enough.
Works for us.