Can't exactly call this an accurate test but numbers are close enough to give everyone an idea. Tested the LED setup (came in at 130W on kill-a-watt), a 250W XM 10K, and 2 Reeflux 250W 12K (one new and one over a year). Only grabbed numbers right under the lights, no optics on the LED and halides were all off a CoralVue ballast. All numbers were highest recorded number (pumps running) and waters still a little cloudy from setup (tanks 1 month old).
Light.......@6 inches, @12, @18 and on sand ~22.
LED.........470, 390, 160 and 109
XM.........1050, 712, 365, 267
1YR 12K.....341, 295, 205, 162.
New 12K.....490, 419, 310, 203
According to Sanjays lighting guide I knew the XM had PAR numbers close to 400W and it showed in this, really surprised at how far the numbers fell off the 1 year old bulb and I guess a good reminder to not only swap your bulbs yearly but keep in mind the corals might have a little light shock.
Tomorrow I'm going to add 70* optics to the LED setup and test a 175W 15K Iwasaki, which is supposed to have really good PAR as well, and a Reeflux 12K and 10K if I can find them in the bulb pile.