I have the Ecoray 60s above my tank, and I really like them! Although I did have to cut the white light time back to 6 hours recently because some of my sps were bleaching. Since then, they've all colored back up and are doing great!
On a side note, did you really pay $399? I got mine for $375 back in October, and now my LFS is selling them for something like $275.