If the bottom of both tanks are at the same level then as you say the water will level out between them. As there is no build up of air pressure then the only thing that can stop (or in this case, slow) the water flowing from one to the other is the diameter of the pipe connecting them. The flow rate through normal 1/2" hose with connectors will be very slow, considering that there is minimal 'head' in the first tank. The only way to ensure the levels are always equal is to have a larger connecting pipe. I used inch and a half to join mine together via the outlets and levelling was almost instantaneous.
The cross section of a 1/2" pipe is just under one fifth of a square inch, the cross section of a 1 1/2" pipe is just over one and three quarter square inches, so nearly nine times bigger!!