not trying to stir the pot, but I just came across this thread, and found it interesting and applicable to this discussion. Even though it mostly references SPS, the desired outcome and drive, was for LEDs to be "as good or better than" MH. HTH
https://www.reef2reef.com/forums/reef-led-lights/137181-battle-corals-custom-build.html
https://www.reef2reef.com/forums/reef-led-lights/137181-battle-corals-custom-build.html