Not condescending, just covering old ground. There is a massive difference between terrestrial plants and submersed plants and light is affected also by water.
As for the weed statement. Deary me. You should be proud of that. lol. People that grow weed are after the fastest productive growth possible and the energy they consume is at a level we do not need.
As for better deal. That 96 watt light is using 3x the amount of equivalent output LED to start with. Add to that a light will use more than it's rated wattage simply with inefficiencies. LED is much better efficiency wise and doesn't waste so much so where a 96W lamp may actually consume 110W (estimate) from the power outlet a 96W LED may consume 100W. Those aren't accurate figures, just to show what I am meaning.
So when you talk about 'better deals' try to research first.
a good efficient 30W LED will equal 90-120W of halide lighting and between 40 and 60W of flourescent. This in terms of measuring actual light output PAR. I would guess most weed growers still assess light output by using Lumens which is not how much light a lamp puts out. It is how bright a light appears to the human eye. Something we see as bright does not mean it is more light, just that it is emitting a colouration that our eyes can see much better, namely in the green region.
Yes it wil cost 2-3x the amount in initial outlay but will consume half to a quarter of the energy the equivalents will. Then added to that the LED will last 2-3x the length of an MH or flouro unit before it needs replacing.
As a bonus for people like yourselves in the UK at least when the police helicopters travel around their thermal cameras pick up the houses using much higher than expected energy. Cannabis farms are traced this way in many cases in the UK, so if you can cut that energy use down then that can only be a good thing for that purpose
Check out all the top scapers and those who want to get to that level, look at their lush tanks, great growth and lovely character and condition of the plants. then look at the first posts in their journals where they detail the technical spec of the setup. Pretty rare that people use pink lights these days. Most of us are using lights that please us aesthetically. i.e. a more natural light to the human eye which is in the white daylight region of 500 - 8000K. There are some that persist with the 'pink' theories however they are few and far between these days.
If it pleases you to believe that reds and blue are important, I am currently trialling a prototype product LED which uses RGB LEDs and you can select any colour variation you ant via remote control. It's quite a cool item and able to please people with my preference by letting us use solely white while another consumer can select solely red, pink or any mix of blues and reds, yellow and greens etc. The LED manufacturers evn pander to the weed growers by making red/blue LED tiles for 'hydroponic' purposes. Many manufacturers will go along with what the consumer believes rightly or wrongly because it means that they will buy their product.
Either way LED is already known to way ahead of other forms of lighting that are currently affordable and available. That is assuming that plasma lighting becomes the Betamax of lighting. Even better than LED but very very pricey still and I suspect by the time it comes down in price it will have been surpassed and therefore never make the mainstream.
The reality is that most people 'in the know' in this hobby have pretty much agreed for 4,5,6 years that plants adapt to light and that so called 'full spectrum' statements on lighting are a marketing myth. There is no such thing in reality as a 'full spectrum light', just a light that mixes slightly different colours. If you don't believe me check out UKaps, the Barrreport, APC and here. You will find some that still insist that plants need pink lights but the majority of forward thinking people and those who research heavily are pretty much agreed that plants adapt to the light available and it doesn't really matter to anyone who isn't wanting to grow huge productive buds as fast as they can on their plantmass.