If everyone could just take a step back with me, I think we are over estimating the efficiency that we can expect from LED's. After reading this it looks like people think that about 25% as much wattage as they had with MH will suffice. This is not the case. MH is for one thing a pretty efficient light bulb, being 5 times more efficient than incandescent lighting. A 250 watt radium has 80 lumens per watt, Cree xpg the one used in AI sols is 130 lumens per watt.
So 80/130 =.62
.62*250 = 153 watts
I have read on here people replacing 250 watt and even a few 400 watt radiums, the millenium falcon of reef lighting, with single led fixtures! This is crazy to replace a 250 you would need 153 watts of LED light or 2.13 Ai sols. This is before we even take spectrum into account too.
AI sols have 72 watts and Radions have 104 watts these can not do what a 250 watt Radium with a full spectrum can, its just impractical. "It's not a question of where he grips it! It's a simple question of weight ratios! A five ounce bird could not carry a 1 pound coconut."
My 60 cube has 133 watts of Ecotech LEDs and I see great color and growth, get some pics up in a minute. Ecotech has its own LED's custom made by the company that makes crees, thats what they told me, so I dont know efficiency or lumens for them. I have had them for about 6 months now and have had good sps growth, however, I made many mistakes in trying to push up my calcium and alk and lost most of my sps so can't really say if they work or not.
As far as LED vs MH I think MH is an easy winner right now but LED's will keep getting cheaper, more powerful and with better spectrums and obviously in the next few years will overtake MH.
Note: 104 watts for the radion is based on the fact that we cant count red and green for helping grow corals until it is shown that they do, I am almost certain green doesnt and I think red does very little if anything, I do know that people speculate that corals that grow in shallow water use the red spectrum but there is no solid evidence that it actually happens.