Natural is really not what most of us are shooting for
99% of the time, a coral in nature will be much, much uglier than one in well kept reef aquarium, human beings pick the most beautiful corals they can find in the wild, then in many cases take it a step further and selectively breed them. I have been diving and most coral that I see below a certain depth are just brown, in fact brown is by far and away the most common color for SPS coral, in some of the reefs I've seen in the Caribbean the sponges are actually a lot more colorful than the coral.
another thing I see very often, not only in this hobby but in almost any type of animal care is trying to replicate the exact conditions that occur in nature.
just because the most beautiful reef in the world has certain conditions, it doesn't make those conditions ideal for coral growth. a lot of the time the natural environment is actively preventing organisms from reaching their full potential. A perfect example of this is in Freshwater plants, water found in nature does not have enough C02 for these plants to reach their full growth potential, by injecting C02 artificially we can do a much better job than nature.
human beings evolved in certain conditions in Africa, an alien from another planet attempting to keep a human being might mistakenly try and replicate these exact conditions assuming these conditions would make us the most happy, but if they did so our lives would be much shorter and we would be much more unhealthy than we are in modern society. We much prefer year around air condition, heating, modern medicine, etc.
the aim of this hobby should not be to recreate a slice of the natural reef, it should be to create something better than a natural reef, it should be to make coral much better of than they would be in your tank than they would be in nature.
as to the other part of this debate, the Metal Halide vs. LED lighting, Metal Halides are obsolete(I said it) they have already been deprecated in the commercial industry, they are in the process of being deprecated in the reef aquarium industry but it is taking longer because of the specialized requirements. The amount of money being spent on research into brighter/cooler/lower power LED's is absolutely staggering, the amount of money being spent on researching new kinds of Metal Halides is peanuts(if any research is being done at all)
I came back to the hobby from a four year break, and leaving Metal Halides behind is the best thing I ever did, I payed less money for an LED fixture that had a greater PAR
I looked up my old Metal Halide fixture and it was still the
same exact price on Amazon as it was when I bought it five years ago, that means that there has essentially been 0 innovation. The manufacturing process hasn't become any more efficient, the bulbs don't put out anymore light, they are still power hungry etc.
when I received my LED's I was stunned, $ for $ they are better in every category
1. they are dimmable and the color temperature is controllable without buying another bulb
2. they were significantly cheaper
3. PAR value is roughly equal
4. they are not hot at all, in fact I can touch one of the LED bulb, its pretty hot but I can do it, if I tried to do that with a Halide I would get a third degree burn, I used to burn my hands all the time accidently touching the ballast or bumping the fixture
5. no ridiculous Ballasts to deal with
6. no need to buy replacement bulbs all the time
7. much lower power consumption for the same amount of PAR
I have no idea why anyone would even think of going back