Funny, because there is a video about experimenting leds(american reef i think) in which the tank experimented leds and long term things looked like crap compared to MH and Sanjay appears in the video not knowing why leds werent delivering results... He said things like "larger mouth corals doing worse than small mouth corals" under leds....
Sanjay has to support leds, the industry these days is 50% hooked on the led hype, and innovations...if he comes saying MH are still the way to go is like saying we should all go back to projection TV's instead of plasmas and leds.
I have leds because i have an lps tank, just dont have the time to keep the sps tank i once had. My corals reflect nice colors with leds, but not as great as they did with t5s.
If i was starting a whole new system for sps, investing money on equipment, wouldnt even think about leds, would go all in MH+t5s.
If one complains about electric bills being that much higher and not affordable with MH's, maybe they arent ready for the expensive hobby reef tanks are(and even less contemplate SPS!)