ReefNoob86 -
Ideally, you want to actually peruse the build threads on the SPS forum rather than simply ask the question. It will take some of your time, but you'll get a lot better idea of results and preferences.
But things folks will need to know to give you any relevant advice would be your tank's size (length, width, depth) and what you wish to grow (mixed reef or SPS dominated) in addition to your budget.
Keep in mind that there are downsides to all lighting systems. It just isn't the case that Technology 1>>Technology 2, either from the usability, growth results nor expense.
As an example, I can pretty much guarantee that you will have a higher cost of ownership for LED units than a simple T5HO fixture over a 4 to 5 year period. For most of us, we want something different during that time period, so you may not want to reject T5HO on bulb cost concerns.