I'm not sure I understand this part. What do you mean by T5 Actinic is still more viable than MH - what are you comparing? MH bulbs produce a much broader spectrum than T5 actinic bulbs, also there are ballasts that can dim any T5 bulb. I have used all three lighting sources and currently use T5 on my main tank and LED on my two smaller tanks but would use MH + T5 on my cube tank if I could find a fixture with the coverage and looks that I like.
I've never had good results dimming the ICE CAP 660... Perhaps there are better ballasts today than can dim down to less than 1% and be easily controlled to simulate natural moon phases...
Sanjay a few years back did a spectral analysis of most MH bulbs... I used this information to mix different Cree and Semi LEDs to Replicate a MH Bulb without the heat and kept the shimmer.
When I say T5 is more viable than MH, I'm referring to the practicable application of a light source without the added cost of a chiller and on top of that the added cost of summer air conditioning...
We can argue all day on "a much broader spectrum" produced by a single MH vs 6 or 8 T5... I would like to say there are quality full spectrum LED Fixtures that can be programmed to simulate almost any MH or MH T5 Combo with a very high probability replicating the looks and growth...
Bill