Yeah, I think in the next couple years the component parts prices will drop considerably, the tech is still new and no competition yet. It was very hard to justify spending that much for a DIY on a tiny tank, and without seeing it firsthand I would still say its a stupid expensive amount.
My only experience with LEDs up until recently were the small ones. The difference is unreal. The best thing I can compare these to are the HID lights that some cars have. Try and picture those shining directly into a tank.
Nano-reef is a great place to look for ideas and instructions. There are new led builds on there everyday.
Here is a good place to start:
If you have specific questions I would be glad to help what I can.
I have 2 more whites on order and some different degree lenses. Ill post up some more pictures once I get them in. One thing everyone agrees on with these is they are impossible to catch accurately on a camera. I may try a video. The put out a super intense clean light, but it comes out way over saturated on the camera. The shimmer is also crazy, but is totally lost on the camera and comes out as shadows.