I guess I'm reading your data wrong, as you state with regard to 250 watt MHL...
"Peak values of PAR achieved were 278 micromoles/m2/sec at distance 24" from the center of the lamp, and 190 at 30" from the lamp center.
And with respect to the LED Eco-Lamp KR92, that you have decided to use on your own tank...
"Peak values of PAR achieved were 224 micromoles/m2/sec at distance 24" from the center of the lamp, and 160 at 30" from the lamp center."
I realize that the LED fixture is using only 110 watts, and the MHL is using almost triple the watts at 306, but we are talking about fixture comparisons, spanning a certain area. According to your data, the MHL fixture covers 36" x 30" (1080 sq"), and the Eco-Lamp KR92 covers only 24" x 18" (432 sq") which is almost a third of the area. Am I reading the data right that it takes three LED fixtures to match the coverage of MHL, thus negating the energy savings, and still falling 25% short with PAR values? Further, the LED unit needs to be mounted 30" over the water to reach this coverage, so we are looking at 160 PAR at the surface before anything is lost with diffusion and turbidity in the water. I'm assuming that the MHL fixture coverage was tested at a conventional 6-12" above the water.
The MHL test light was fired with a generic ballast so a premium electronic ballast would offer a 30% energy savings, but to be fair, der_wille_zur_macht has suggested that the Eco-Lamp KR92 is far less efficient than current LED offerings.
Am I missing something?
Someone mentioned that the lack of a significant heat transfer allows you to mount an LED fixture much closer to the surface of the water, but we are limited to 6" or so do to salt creep/spray and even more so by coverage/spotlighting. Unless the LED bulbs are a homogenous colour governed by an RGB controller, I can't see how the reflector design can blend the colours naturally and uniformly.