Commited to an EcoRay 60 LED light kit

So after my original post and several hours of research.  I decided to give the EcoRay 60 LED kit a try on a 34 gallon reef aquarium.  The reef aquarium is stocked with mostly soft corals.  All the corals seem to be doing well under the new light.  The  EcoRay 60 LED kit replaced a T5 HO kit that had 4x 20w bulbs.  I do like the shimmer effect the LED light gives.  The lights have only been on this reef aquarium for 3 weeks.  I will give an update about once a month on how the corals look and maybe take some PAR readings.

34 gallon Reef Tank w/ EcoRay60 LED lights

LED Lights

I have been keeping aquariums since 1990 and over the years I have seen many new gadgets come  and go..  The newest thing to catch my eye is LED lighting.  I have heard they are more energy efficient than Metal Halides and the bulbs last 10 years.  Wow!  My only questions is can you keep SPS corals successfully with them and are they ever going to go down in price?  I will be blogging my research on LEDs and also my own personal testing of the lights when/if I decide to purchase them.