Yes it works just as good, it's the same stuff. Just make sure you measure it out. Dont just shoot the eye dropper in your mouth without first seeing what equals what.
I suggest tabs over liquid products, but that is just my opinion. I would also say that I think 1mg of arimidex at only 500mgs of test is a little much. I would start with .25 to .50mg and go from there.
It really depends on your body and everyone is different. I always suggest starting lighter and seeing what happens. Try taking some natural diuretics while on as well to help keep the water out. .5 ed could work very well, or it could not. If it doesn't just bump it up. Remember, you need estrogen to grow, but you want to keep it at bay as much as possible.