I have MH's in one Tank and LED's in the other and it goes without saying you get what you pay for. Many of the cheap LED lighting out there is absolute garbage especially for coral color and growth.
It wasn't until I started experimenting with different colored LED bar lights, that the colors were arguably better than my MH setup. I had just a white with blue setup initially, but when I added a blue bar and a magenta bar, more of the coral colors started to "pop"!
Again, strictly an opinion
