But what factor seperates the cheap LED from the "decent" LED? Pretty much all of them have their lights manufactured in China. There are a few like California Lightworks that build their own units and want to charge a crazy amount for their products. As I stated in a previous post, Blackdog 450 are exact same as the Mars II hydro 700w, just minus the fancy CNC cut out.
I understand your opinion on being a waste, as I don't see the significant money savings in LED. Yes there is a little savings, but if you go out and pay lets say 1000w Solis tek Matrix with globe and good reflector and spend around $450-550 to cover a 6x6 area, and you buy a California Lightworks SolarStorm 880 for $2099+shipping. Well you have paid 4x the amount of the HID and not really saving all that much on energy, plus I find that yield is about 10% less under LED than under HID of similar intensity. Yes your not going to get as hot with LED as you are with HID, but that's about to change with these high power COB LED lights floating around, and will need to start FAE as you would with HID for cooling reasons.