Has the hobby gotten too expensive and how does it compare to the past?

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Mike Paletta

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Has the hobby gotten too expensive and how does it compare to the past?

I have been in this hobby for a long time, but I am not going to act like an old codger and say I remember when Flame Angels were a quarter and corals were a dollar. Nor am I going to get into a discussion of how a frag costing more than a major appliance is good for the hobby or even what it means. I have difficulty comprehending this as well as how so much money and so many new hobbyists have come into the hobby. The latter at east in part driving the former. Also it is not my job to tell anyone how to spend their money, as I have gotten caught up at times and bought expensive frags, equipment and fish. My only comment about this is if you are willing to spend $200+ on a frag without batting an eye, you should be just as willing to spend $200 on clothes for your wife and kids, but that is just my opinion. In some of my past articles I have been criticized for focusing too much on how much things cost or how expensive the hobby is. So before I continue I want to let it be known that when I put together this article and worked out my comparison of costs I did so as blindly as I could in determining the prices. So when I was finished doing my analysis I could have found out that compared to 20 years ago the hobby could cost the same or even be less and if I found this I would admit that I was wrong. Also I did not take into account for the most part how much the price of things now is accounted for by the advancements we have made or in how much more successful we generally we are now. As it is still the case, that the most expensive thing in the hobby is something you have to replace.

View attachment 702412
The issue of FAMA from 1998 from which I got the prices for things.

So as I mentioned the basis for this article is to focus and discuss how much the hobby costs now compared to how much it cost 20 years ago. Specifically, how much it costs to start a tank from scratch. While I have been keeping reefs since 1986, it is my opinion that we only achieved a high level of repeatable success approximately 20 years ago. Since I save things, I still have lots of magazines from then, so I thought it might be interesting to compare the costs of things then versus now. However, I also know that a significant amount of inflation has occurred since then, and in estimating things this need to be taken into account. So for the sake of argument I am going to say that over that time span inflation has been approximately 40% That is, what you could buy for $100 then would now cost you at least $140. This may not be precise, but from looking at the inflation numbers over the years that is the best I could come up with.

View attachment 702413
A small section of John Burleson's 120-gallon tank in 1998, which at the time was the state of the art.

So to do my comparison I thought it would be interesting to compare the total cost of setting up a complete reef tank in 1998 and now. Twenty years ago I set up a 120-gallon reef tank, so I thought this would be a good tank to set up for comparison purposes, even though back then it was considered a “large” tank. For this comparison I took the cost of each piece of equipment I used and compared it with something comparable now. I tried to be fair in that back then I tried to use the best piece of equipment I could find and that is what I tried to do now. Some may have a difference of opinion from mine as to what is the “best” but I tried to be fair in both evaluations. To try and be fair in this comparison I got the prices from the advertisements in the magazines that I had from then while now the best prices were obtained from online stores. Again there may be some dispute, but I tried to be as equitable as possible in terms of the quality and equivalence of products as I could.

View attachment 702411
A section of what a modern 120-gallon tank can look like today.

So let’s get started on the comparison of what things cost now versus twenty years ago. To start with let’s begin with the basics: tank, stand and canopy. In 1998 I actually purchased a complete set of these items at what I thought of then as a good price of $149 for the tank, $229 for the stand and $129 for the canopy for a total of $507. Today when I got the prices for these items, $480 was the price for a tank, $500 for a comparable stand and $440 for the canopy for a total of $1420. When getting these prices I tried to have the tank, stand and canopy be comparable to what I got in 1998 so I’m sure there can be differences in what some may find for these basic items, or one could even save money by getting these items used. But this is not an exercise to compare the lowest prices on things but rather an attempt to see how the cost of getting into the hobby has changed in twenty years.

View attachment 702404
A picture of my current 120-gallon tank.

The next group of items and which in my opinion are essential for a reef tank are lights, protein skimmer, sump, overflow, powerheads, return pump, RO/DI unit and heater. Again there can be a marked difference in the cost of things depending on what is chosen, but I tried to select what I either used then to what I felt was comparable now. For lighting I used a Coralife metal halide fixture with Actinic fluorescent lights included, as to me this was the light I used then as I thought it was a great light back then. The cost for this unit was $450, bulbs included. One thing that needs to be considered though in my choosing metal halide lights is that I when I used these lights on my tank, then I also needed to use a chiller, otherwise the tank would overheat. For this size of tank, the recommended chiller cost $399 in 1998. Today I would use two Radion G4 LED light units. I chose these, as like the Hamilton metal halide unit of its day, it is my opinion that these are the best lights available. I’m sure this will stir up some arguments, but that is for another time, here I am just trying to compare costs and the cost for two of these fixtures is around $1600.

View attachment 702418
A page showing one of the many mail order pet shops that were the just starting to supply the hobby.

1998 was an interesting time in that it was during that time that reef keepers were in the midst of switching over from trickle filters to using protein skimming to control nutrients in their tanks. So to be honest at this time it was hard to find any that I would consider really good commercially available protein skimmers. But if you looked around you could find some, so for me it was the MTC skimmer which cost $170. While this seemed expensive at the time it was considerably less than what a trickle filter cost which was $400. Today I would use a Vertex Omega 800 which cost $49.

View attachment 702406
Unlike today where much of the hobby is fueled by frags back in 1998 full colonies were how we filled our tanks.

As long as I have had tanks, all of my tanks have had a sump and an overflow to get the water from the tank to it of some kind. Back then I used a 40-gallon tank for $40, which I modified as the sump along with an overflow, which cost $129 and I used an Iwaki 55 for the return and this cost $259. Today I could go a little crazy and get a custom built sump for $500, but to keep things under control, like on my current 120-gallon tank I use a modified 40-gallon tank, which cost me $70, along with a CPR overflow for $135 and a Vectra M return pump for $$325. Again these are my choices of what I had and what I feel now are comparable in terms of quality.

View attachment 702409
Better more efficient equipment is one of the reasons for the increase in the hobby, but in my opinion it is worth it.

Back then we were just starting to add more water movement to our tanks beyond simply relying on our return pumps so on my 120 I used a powerhead and a wavemaker. I used a Hagen 800 powerhead that cost $26 along with a wavemaker that cost an additional $199. Today I would employ either a Tunze Stream that costs $299 or a Vortech MP 40 which costs $339, so let’s split the difference and say it costs $319 to provide good flow in this tank. While flow is important so too is having clean water to start with so I have employed RO/DI units for my tank since I pretty much began keeping saltwater tank. In 1998 a good RO/DI unit ran $199. Today a comparable Spectrapure 4-stage RO/DI unit will run $350.

View attachment 702408
A 120-gallon tank can be set up as simply as this.

The last item in this group while necessary, has caused more problems in my tanks over the years due to its unreliability than just about any other item. If you have been in the hobby for any length of time, then of course you know I am talking about a heater. Back then my favorite heater was an Ebo-Jager and for this size of tank I would have used a 150-watt heater and the price would have been $10. Today I would use Eheim jager heaters and this unit costs $27. When adding up the prices for all of these items in this grouping the cost in 1998 would have been $1881, while the price for comparable items today is $3010.

View attachment 702417
One of the trace elements and additives used in 1998.

View attachment 702416
A picture of the light I used in 1998.

While all of the above items are the backbone of a reef tank, you really can’t have a successful reef tank without the next two: salt and a means for measuring salinity. In 1998 I was already using Instant Ocean salt which cost $19 for a 200-gallon bucket. Today I still use Instant Ocean salt but it now costs $49 for a 200-gallon box. I do miss the big buckets I must admit, but the bucket adds to the price. Back then most of us used the inexpensive and inaccurate box hydrometer that cost $3, while today many of us now use a much more accurate refractometer that costs $35. So the difference in salt and being able to measure it from then to today would be $22 versus $84, to me.

View attachment 702410
The trace elements I am using today.

If salt is the most essential component of a reef tank, then live rock and substrate are probably the components of a reef tank right behind it. Back then live rock was usually used at the rate of 2 pounds per gallon. It was relatively inexpensive, at $4 per pound, which helped, but I still would have only have used 200 pounds so this would have cost $800. Today I only use 1 pound per gallon and let the corals fill in the space, but it is more expensive so the cost would be comparable at $800. Back then bare bottom tanks were not quite as prominent as they are today and live sand was just starting to be the substrate of choice. So to fill the bottom of this tank I would have spent around $100. Today I prefer keeping a bare bottom tank, but to keep things comparable, I would use Carib Sea Ocean Direct Original live sand and it would cost $150 for this size of tank.

View attachment 702407
In 1998 most mushrooms cost about $5, today mushrooms like these can cost significantly more.

The last group of items necessary for doing a reef tank are things we often don’t think about as they are relatively inexpensive, but when you add them all up they add to the cost of the hobby. They include food, autofeeder, carbon, additives, and test kits. When looking at food I chose a mix of dry and frozen as that is what I have always used. In 1998 the mix I chose to start the tank would have run $40, today it would cost $60. I have also always used an autofeeder to feed my tank during the day when I am working as I have found it cuts down on aggression as well as reduces the likelihood that my fish will get so hungry that they will start eating the corals. Then I used a fish sitter which cost $30 while today I use a Current which costs $25. Carbon, something I only run for a week a month, for a pound cost $5 while today it is $10. Test kits, which often don’t get the attention they should are in my opinion crucial when setting up a tank just to know where the tank is in the cycling process and in order to see how good we are at keeping a tank stable. So just getting kits for Ammonia, Nitrite, Nitrate, Calcium, Alkalinity would have cost $50. Today I would get those and also Magnesium and Phosphate and the cost would be $116. Lastly, I have always over skimmed my tanks and then used additives to make up for the good things that had been taken out. The Coralife additives that I added back then cost $60. Today I still overskim and use additives as I always have. Now I use Brightwell’s additives, and the ones I add cost $65. The total for all of these items is not as high as many of the earlier items, but they do add to the total cost of starting a tank. In 1998 the total for these items was $185, while today the cost is $276.

View attachment 702405
A 120-gallon tank today can still be quite beautiful when set up correctly even when it is not stocked with the most expensive corals.

As I said at the beginning I was not going to get into the cost of coral in this article as that is a topic in itself possibly for a later article. However, I thought it would be interesting to look at the cost of fish from 1998 to now when considering the cost of setting up a tank. For this I decided on just adding 10 fish to this tank, yeah I know well below what I usually have in my tanks, but I thought it would be a good place to start. Also I did not go with anything too esoteric to add, so I decided on adding 5 green chromis, a flame angel, a pair of clownfish none designer, and Yellow tang and a blue hippo tang. In 1998 the cost for these fish would be $10 for the chromis, $20 for the pair of clownfish, $30 for the flame angel, $10 for the yellow tang and $15 for the blue hippo for a total of $85. Today the cost would be $25 for the damsels, $34 for a pair of clownfish, $55 for the Flame angel, $49 for the yellow tang, and $48 for the hippo tang for a total of $211.

View attachment 702415
Back in 1998 the hobby was just switching from trickle filters to protein skimmers.

When quickly looking at the price difference of twenty years to today it is clear that things are indeed more expensive today, but it is also clear that the hobby has never been inexpensive. In 1998 to start a 120-gallon tank it is my estimate that it would have cost around $3580, while today for something comparable it would cost $5951. However, as I stated at the beginning inflation needs to be taken into account when making this comparison. So to compare the costs in an equitable manner the cost for everything in 1998 needs to be multiplied by 1.4 to see how it compares. When this is done the cost for a tank in 1998 at today’s dollars is $5,012 or a $939 difference from today’s price, which is 15%. So That means that setting up a tank today will cost approximately 15% more than it did twenty years ago even when accounting for inflation. Some may disagree with my choices of products or how I came up with the numbers, but I was just trying to see how costs compare and tried to be a s equitable as I could and I thought seeing how the expense compared when setting up a tank from scratch.

View attachment 702414
An interesting picture showing the cost of fish in 1998.

To some, the cost of the hobby or this 15% increase may seem like a lot but to me at least the price of the hobby and this increased cost has been more than offset by the improvements in the hobby and the increased success that we are now enjoying. Also to be honest I thought that the cost of setting up a tank today versus twenty years ago would be significantly more than I found. So in this regard I must admit that I have been wrong in saying that the hobby is more expensive now than in was twenty years ago. Also it is my opinion that the hobby is significantly better and we all have a much higher chance of success, far more than 15% better, that more than offsets this 15% price difference. Now that I have done this estimation I am happy to see that the hobby really hasn’t gotten that much more expensive, at least in terms of setting up a tank. No of course we can go crazy and get far more expensive equipment and get pricey fish and corals to stock it with, but that was not the intent of this article. Instead I hope I showed that you can set up a nice tank for a reasonable amount of money and even if you don’t go nuts on pricey fish and corals you can still have a beautiful tank to enjoy. And having a tan to sit back and enjoy really is the point of the hobby, at least it is for me.
 
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alton

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I love the price of a Chevron Tang. Here are some from 2000 at a local fish store in San Antonio. And you will notice some things were not that cheap as in liverock.

rock 2000.jpg
corals 2000.jpg
 
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LagunaGlide

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I was out of the hobby for around 10 years, and my entry back into it has been pretty expensive. I don't remember spending this much 10 years ago, and I would assume some of these things you mention are part of why. What I find crazy is some of the equipment hasn't changed all that much. Skimmers for example are the same basic principle with maybe better pumps and more bells and whistles. You won't convince me manufacturing this stuff has gotten more expensive today.
 

Reef Jeff

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Thanks for the post Mike. I have been in the hobby over 20 years. Your articles, in several magazines, were my main source of information back then and I was a successful reef keeper as a result, so a big thanks to you! I saw that add you posted for Scott's TruReef...I'm still running one of Scott's sump...lol. He did make some nice acrylic sumps. I still run a lot of my reef old school just because of the prices. I still run metal halides, which I am still convinced are the biggest factor in growth, and they they are not much more $$ than 20 years ago, in fact some bulbs are cheaper because more people want the LEDs. I also run T5's and a DIY LED setup so the newer technology has given me an edge in setting up the spectrum to what I need. My old bioball chambers are now oxygen chambers where I pump fresh air in to promote high 02 levels which keeps my redox up. Keeps my PH higher too. I don't use ozone anymore since its not needed, but the 16 year old Red Sea ozone/redox instrument still works great with an occasional new probe and is nice for monitoring trends. Like you said, the availability of skimmers now is great...any size you need for less than what it cost for a big LifeReef setup back in the day, and they work better too. Traded out my homemade 4' dual airstone skimmer for a small unit that works twice as good. But the best thing ever is the availability of frags of all kinds of SPS that was missing where I am from...I'm like a kid in a candy store. Test kits are better too, but we still have a ways to go. Back in the day, we used to take road trips to guy's houses where they had their basement stocked with softies, LPS and an occasional sps, but now you can find almost anything you want.

I see a lot of newer stuff I would like to have, but it really isn't needed. Manual dosing and old school methods still work well. I don't have to worry about my ATO flooding the house because I don't use one.

Between classic cars in the summer and reefing in the winter, I spend enough money.

Thanks for all your help in the past and thanks for the trip back in time!
 
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Bouncingsoul39

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Thanks for the article. It is a dang expensive hobby. You don't cover it here, but I think its the cost of the corals and fish that have jumped up the most over the years compared to the equipment. The trend of naming corals and designer corals has driven it as well as fragging. It used to be that you bought a frag because you couldn't afford the whole colony. Now, the whole colony is a mother coral treated as a financial investment and the frag is the only option. Why sell one colony for $100.00 when you can sell ten frags from it for $40 each.
Regarding equipment costs, luckily we have many options are different price points so a full setup can be had at a fraction of the cost of what is sold as the current "best". Also luckily, you can have just as good results with inexpensive equipment and good husbandry practices. Just because it's expensive doesn't mean it works any better. We have a local reefer here with a gorgeous SPS tank who has tried ever high end skimmer on the market including Red Dragon and his best skimmer he said is the AquaMaxx he got recently that cost a fraction of the high end ones cost. Another example. I've got a Horticulture T5HO light fixture on my tank that has high quality german aluminum individual reflectors that costs much less than the Reef Aquarium equivalent.
 
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fish farmer

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Great article! It made me feel really old...I've been keeping reefs since 2000 and pretty much the only new thing I've bought recently is upgrades to LED lighting which for me had been cheaper.

I remember buying bioballs from Scott's Tru Reef for a trickle filter build in 1990, he even gave me a deal on a liquid level switch that I needed.
 

brandon429

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https://www.facebook.com/InstantOcean/posts/1568248713188752:0
That changed up the hobby a bit (shows how bare bones approaches have evolved)
Cost mitigation was a percentage of the driving force behind downsizing, it’s wasnt all just for rule breaking. Reefing cost too much in 1998 for a radio shack mans budget... the counter guy thumbing resistors not the mgr heh. We always had to cut volume to save to be able to even consider keeping corals, and the biology/procedure evolved to allow for an affordable sized tank.

LED lighting took away the need for fans which reduced evaporation further than ever with acceptable ranges, and bam the concept took off. All forms of reef lighting used to be heat generators...big temp challenges

One offset for the increase in price is to develop the science behind smaller systems or more efficient ones in my opinion, and coincidentally LEDs and effects on cooling were also a powerful change for the hobby and for downsizers who still want top shelf corals being produced and exported, not just kept. We have to harvest these regularly.
 
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Great article, @Mike Paletta, always nice to reminisce, In my experience the choice was so much smaller then. If you wanted a tank from my LFS, it was a matter of how deep you wanted your 4 foot tank. 12 inch or 15 inch . Don`t` remember any nano tanks back then. I love my nano and Pico reef tanks now, I would not change them for the world.

With regards the cost the animals and the live rock. I think it is a good sign that prices have risen. Sustainable collection is surely more expensive than using poisons and other destructive practices. When ever I see bargain coral or fish I always wonder where the corners have been cut.

I am also happy to see more and more frags for sale as I think this again makes for a more sustainable option. The further we can spread the mother coral the more likely at least some portion will survive.

When ever I see Large colonies for sale, I always think that the chances of it being farmed are very remote.

With regards high price corals (High End). Surely this is just for the avid collector. I chose my corals for much different reasons. They are still many wonderful coral species available even for those on a tight budget.

This article reminded me of one on the history of the hobby by your fellow writer on Ultra Marine Magazine (Keith Moyle) from a few issues back. I had the pleasure of chatting with him quite recently as we both live close by. The topic of whats changed over the years was one we could chat over for hours.

That is one thing that has never increased in price over the years, having a good old chin wag with a fellow hobbyist.:)

Best wishes from the UK.
 

scott11106

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Awesome article, thanks for putting the effort into this comprehensive data.

i am getting back in to the hobby and it is much more expensive but i did notice last time i was building my tank it was smaller and me automation was maxed out with a couple manual timers . now i have gone with apex and the technology will make it much easier and less time intensive to maintain.

I do agree with the price of coral is out of control, and as soon as they named them "designer corals" my wallet started to hurt..
 

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As a financial analyst by trade this kind of article is exactly what I like to dig into. Great stuff and like you said from 1998 to now the investment these companies make to improve products I think bump up the price as well. I hope that the $800 we're paying for a Radion has at leats 15% going to their R&D to bring us even better products in the future.

Companies all want to make a dime, and anymore those dimes are turning into quarters... Companies are trying to run leaner and turn out higher profits. Nature of the beast.

Awesome write up.
 
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leahfiish

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I think one thing to consider is the longevity of these systems. If you set up a 1998 system and a 2018 system with all of the equipment outlined here, I think the 1998 system would be a mess in 1-3 years and need to have things switched out or replaced, while I would expect the 2018 system to last 5+ years askng as it's well maintained.
 

Quasarlee

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I enjoyed your article. I currently out of the Saltwater side of the Hobby. Had a 30 gal tank up for a few years, due to moving headaches had to put aside SW till resources are more stable. I have been keeping Freshwater for almost 43 years. I agree Cost of some equipment is higher, but so is the quality & durability. Currently have 6 small FW tanks, (under 10 Gals) & breeding some fish. Looking to creating a nice mixed reef Nano tank. The use of Local stores & Societies are a great resource to gain knowledge & see what you are buying for livestock. Online is good, but supporting local keeps variety. Now to save up the money and make another SW tank.
 
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jason.kennedy.98478

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Good article never seen someone other than myself account for inflation when talking about this. The actual inflation since 1998 is 153.9%, so your assumption was quite close.
True cost would be $5,510 of the 1998 system and considering the cost of labor has gone up 140% since 1998, that's not too bad. So if more than 315 man hours went into making everything yourself its cheaper today. And that's not accounting for tarrif and COG changes. Either way it's a hobby and all hobbies are for disposable income
 

Bowlopho

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You can still get a 40g breeder for $40-50 during Petco $1 gallon sale.

You can still get the same basic cheap mushrooms for $5 a frag, or even free at times from locals.

If you want a set up like one from 1988, and the same basic corals that were around that time, I’m sure the price would be very similar and even cheaper Bc locals hand out basic stuff for free all the time.

So, technically the hobby isn’t getting more expensive. It’s becoming more advanced. You choose how much you want to spend and go with basic materials or high end.

Tons of people that set it up the same way as 1988 with great results, but there are those that want the best of best and willing to dish out the $$ to get it.


Also regarding Fish, it will vary.

Around SoCal a chromis is $3 , yellow tang $20-30, flame angle $30, pair of clowns $20+ depending on what kind. Sometimes even cheaper, blue tang, $30+, etc
 
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reefaroo

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Nice article. I am currently struggling to get back into the hobby. My personal opinion is it takes a lot of money "to do it right". I am older and on a fixed income but would like to try once more. It's a beautiful hobby. I remember buying a tank back in the early eighties. It had an undergravel filter that looked like the green tubing on an Ehiem filter. No special lighting. I don't even remember corals back then. It was a complete failure.
 
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I think the major difference between then and now is just the sheer availability of choice that the reefers have. In 1999 I was in high school, keeping freshwater tanks, and working at my lfs. We had a small selection of saltwater supplies but I remember having all the Kent products, some early skimmers, and some other basics. It was either that, or you paged through magazines for mail order or maybe early internet sites. The products that were available were either cheap and didn't work or were expensive and worked marginally compared with today. You might be comparing radions, vortechs, and vertex skimmers. But for your standard 120g setups there are so many more options today. Can't afford radions? Get a reefbreeders for half the cost, or even a black box or two. Can't swing a vortech? A jebao will do the same for 1/4 the price. Don't want to drop $500 on a vertex skimmer? There are so many cheaper options out there that will accomplish the same goals.

You can easily reef at a much higher level now than in 1998 at a much lower cost when you factor in what you are keeping. If you want fish and softies you can easily get away under your 1998 budget, even before inflation is factored in. Want to keep sps? If you make smart choices with your money then you can still pretty easily save a lot of money vs what you show for a modern build. The techniques and knowledge improvements along with access to a truly global marketplace have made this a really exciting time to be in the hobby, and I'm excited for what the future holds.

Now if I could just find that homewrecker frag for $25...


Also as a note to the OP. Thank you for your contributions to the hobby. I actually have a frag of plana that was sold to me as a paletta plana so I assume it's lineage goes back to you. It's a lovely coral.
 

adam finley

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Well I’ve only been in the hobby a year now, but every one I know warned me how expensive it would be. Everything is more expensive now then in the past. I would be anxious to hear anything that’s cheaper now then 20 years ago. Great article are great points made.
 
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Polyp polynomial: How many heads do you start with when buying zoas?

  • One head is enough to get started.

    Votes: 27 10.6%
  • 2 to 4 heads.

    Votes: 145 57.1%
  • 5 heads or more.

    Votes: 65 25.6%
  • Full colony.

    Votes: 10 3.9%
  • Other.

    Votes: 7 2.8%
Waterbox Aquariums: The Finest Aquariums
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