I would like to say for the record that the $100 Odyssea T5HO that I bought, which has two 54 watt 10,000 K bulbs and two 54 watt actinic bulbs, has not impressed me. I bought two for my two 75 gallon tanks . On one of the fixtures the four blue moonlight LEDs flicker. On the other fixture, the four blue LEDs don't work at all, and the fixture burns through $20 bulbs ridiculously quickly. I have purchased five bulbs in the past month and a half. It is possible that the recent dramatic decrease in price you mention, Subrosa, may be linked to a similar decrease in quality.One thing which has definitely changed is the availability of reasonably priced commercial alternatives to the high power set ups. Diy still offers many advantages, but the price gap between diy and commercial has narrowed considerably. Three reef quality fixtures which will cover your tank and which you'll probably have to dim down can be had for less than $400 shipped to your door. All you'd have to do is hang them, plug them in and set the dimmers. Diy for its own sake is always cool, but if finances are a major part of the consideration......
In the future I am sticking with inexpensive fixtures and bulbs and DIY because maintenance cost on the commercial units is ridiculous. My favorite fixture is still my $10 Walmart four foot long 32 watt T8 fixture with two 2750 lumen Daylight Deluxe bulbs ($10 for two bulbs at Home Depot). My second favorite light is the DIY LED I made using the information Usil provided in this thread and a $7.50 blue LED strip from ebay. All lights break. At least when an inexpensive or DIY light breaks, the replacement cost for an individual part is very low. The next light I get in the future will not be one of the dramatically decreased cost high performance lights. I've learned first hand that when the moonlight LEDs burn out within a year of purchase, and the fixture starts burning through $20 each bulbs like there's no tomorrow, there's not much you can do about it but wish you'd paid less for that piece of junk. But if you Did-It-Yourself or used a low cost hardware store fixture to start with, you can just buy another $7.50 LED strip off ebay or another $10 ballast and fixture from Walmart, and problem solved.
Oh, and here is a video of the LED I put in my tank (finally). I went with blue.
Edited by EricaWieser, 17 May 2013 - 04:08 PM.