The design looks almost identical to the Coralife aqualight pro. Some of the cons you listed I have for a similar light that would have cost at least twice what you paid, so it's a pretty good deal. And you are correct, following the whole ballast debacle a few years back Odyssea began to find new ballast suppliers and in the end ended up with SMU Icecap ballasts (SMU = special make up... ie. no icecap badging). This is all to my understanding and I may be wrong... but as you've said you've even got the same model and serial on the ballast.
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