I would never touch MH or T5 ever again.
For me, the low heat, low energy consumption, and the fact that you dont have to replace bulbs regularly are enough reason to use LEDs. Leds aren't really a "new" technology per say.. People have been using them for years on their reef systems and their corals are thriving.
You can do a DIY for under/around $200 for a tank that size and keep whatever corals you'd like. Or you can find used fixtures for a good price.
For me, the low heat, low energy consumption, and the fact that you dont have to replace bulbs regularly are enough reason to use LEDs. Leds aren't really a "new" technology per say.. People have been using them for years on their reef systems and their corals are thriving.
You can do a DIY for under/around $200 for a tank that size and keep whatever corals you'd like. Or you can find used fixtures for a good price.