MH or Powermodule or LED on 120g mixed reef

So I guess it is coming down to either a powermodule (8x54W 48") or 2 free floating 250W MH (perhaps ushio, pheonix, or radium on a bluewave7 ballast)

the powermodule will be $1030 with bulbs (what bulbs?)

the bluewave7 is $160, 2 lumen max elite (or lumen max3) reflectors are $330 (150 each plus 15 for the glass shield), and bulbs are ~70 each (for a total of ~$650)


if both provide ample lighting for all coral, then the only difference is heat versus shimmer and MH looks to be cheeper to buy but more expensive to run with electricity (the bulb replacement seems similar - MH is 2 ~$70 bulbs every 6-12 months and powermodule is 8 ~$20 bulbs ervery 6-12 months)

Anyone wanna weigh in?

 

its a tough decision. i too am trying to price out my options of MH versus full T5 and having a hard time deciding which to pull the trigger on