The Source4 revolutionized the design of ellipsoidal spots some years ago, proving that you don't need a 1000 Watt bulb to get great output. ETC is back with a custom LED engine that does an amazing job of emulating tungsten light. While a bit pricey yet, the Source4 LED is an amazing fixture.
UPDATE: The price quoted in the video is incorrect. MSRP is $2250 without lens tube. END UPDATE
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