Luckily none of those scare me... I have a 65 gallon RO/DI storage and fully automatic top off, so evaporation amount doesn't bother me at all. Bulb changes are just part of the game... no different than T5. I have heard horror stories about how much the electricity bill goes up. But this is reefing after all... I don't expect anything to come cheap lol. All good points though.
You didn't address the heat. Are you concern of adding a chiller?