With all the LED options available, and their directional nature, I'm not sure why you would completely negate that advantage by using a light setup like this. The great thing about LEDs is 0 restrike since you can get 100% of their output in a 15-180* cone depending on the LED and optics used. This allows 100% of the light generated to go into the tank vs out the front, back sides, bouncing around under reflectors, restriking the bulb, etc. This is one of the characteristics of LEDs that helps to make them so efficient. By taking that light pattern and dispersing it in a 360* pattern like that, you are introducing artificial shortcomings to the application, and I'm not sure why you would want to do that. for lighting a room, sure, you want the coverage like that, but in a light over a tank, you want all the light shining downward at the water.