You should have matched the lumen's, and done a fair comparison before you say an entire technology is bunk.
Granted LED lighting is still in it's infancy, but it is the future of lighting.
There are many factors in play here. I recently spent some time in a local grow shop looking for lighting to use on solar panels. Our test was simple, we measured the short circuit current on a 50W solar panel held as close to each type of lighting they had while maintaining full illumination of the panel.
To my amazement a 250W hight output florescent fixture out performed a 1000W metal halide.
If you are interested I can explain why. But I would not say metal halide lighting systems are bunk.