I played around with using LED lamps some time ago and came to a couple conclusions, mind you this was years ago when 10000mcd white lamps were affordable (50000mcd now? yikes), and I only used 100 over a 24" x 18" section of tank.
1) When the lamps themselves were on, they did look very bright and nice.
2) When taking a picture with a camera they looked extremely bright as well, of course the "auto-settings" will keep the shutter open for an extended period to make everything look the same brightness, so I wouldn't use what your camera shows as proof that it works
3) When I turned on 4-55w PC bulbs (this was over a 72" x 18" footprint of a tank), you could hardly tell the LEDs were even on, which made me wonder if they really had any significant effect.
4) How your corals grow will be the ultimate test, much more so than any camera or your eye can show.
5) It's way to early for me to try to calculate how much light output is really coming from those lamps
I'm not knocking your project in anyway, I think it's great, however I'm not convinced on LEDs quite yet. Luckily you did this all on a PCB, when I did my 100 I actually soldered them all together by hand!