issues of oxidation of electrical components, especially in the saltwater atmosphere.
Having had a few LED fixtures over tanks for a few years, I can tell you anecdotally that corrosion is not an issue if the correct techniques and materials are used.
Another issue I have had with the singles is the need for either many drivers, or the use of very high voltage (250vdc range)
Another alternative is a high current driver running parallel strings. In the end, if you need "x" watts of LEDs, your driver choices are not really going to change because you switched from a bunch of individual LEDs to a modular component (that in itself is made up of many LEDs). You're still gonna be providing "x" watts to an array.
The 50 0r 100 watt hybrids I would think would be a safe modular approach to new designs, they both are available in 10,000k 0r 20,000k stand alone or 10,000k and 20,000k with 429-449nm spectrum incorporated in the bulb.
I would think that any of these in certain combinations would make LPS, SPS and frag grow out tanks flourish with aesthetics in mind, not to mention saving money, incorporating modular design and first and foremost safety.
I have performed many searches on this site and haven't found any design, there are a few on youtube, so are these LED modules new to the market?
Again, it really depends on your criteria. These modular LED assemblies have been around more or less as long as HP LEDs in general, but they are not popular on fish tanks for a number of reasons. The main reason being the poor efficiency compared to what else is available. You're basically making a tradeoff - modular units offer poor performance but (depending on your point of view) "easier" design/assembly/maintenance.
Plus, you mention "saving money." IMHO it is important to qualify statements like that in threads about LED fixtures that might last 10+ years. Are you saving money right NOW, in terms of build cost, or are you saving money in operating costs over that 10 year period?
Given the rate at which LEDs are improving in terms of performance and cost, I am sure that within a few years there will be easy to use modular assemblies that are cheaper, more efficient, and offer better performance than today's "best" HP LEDs. At that point maybe it will be more common, but for now, people who have performance and efficiency as their primary goals are probably going to stick with individual LEDs. And since many of the people who are switching to LEDs are doing so because of the potential for improved efficiency over other forms of lighting, to them it doesn't make sense to choose an LED approach that does not optimize efficiency.
There are also the factors that are not easy to qualify with hard fact. For instance, flexibility - maybe you would like the color you get from one of those 100w modules, but other people might hate it. With a from-scratch build, if you don't like the color, you can swap out a few LEDs for a slightly different bin, or a different color alltogether. You have TOTAL freedom, whereas the modular approach locks you in to what the manufacturer offers off the shelf.
I hope my post does not come off as argumentative, I'm just trying to provide some context for your questions.