As long as you dont want to go with a hugely SPS
coral aquarium, then it is fine. This light, Nova T5HO
156W 36" long one would allow you to keep mostly any coral, however SPS
would need to be placed very close to the top. It stays a lot cooler then Metal Halides and is more efficient.
Their is also this slightly more expensive but also more powerful model that would allow more places for SPS
Nova Extreme 234W
And that moneys going to end in this aquarium some way or another.:P
Any more thoughts, questions, or comments, feel free to ask.